Pri­vate In­vest­ment Picks Up Pace

April 13, 2018

NewsChina - - MEDIA FOCUS -

Pri­vate in­vest­ment in China grew 8.9 per­cent year-onyear in the first quar­ter of 2018. That was 0.8 per­cent­age points faster than first two months, and 1.2 per­cent­age points faster than the first quar­ter in 2017, ac­cord­ing to of­fi­cial fig­ures. Pri­vate in­vest­ment in China has been de­clin­ing in past years, bring­ing in­sta­bil­ity to the coun­try's econ­omy. The cen­tral gov­ern­ment es­tab­lished a pack­age of mea­sures to boost pri­vate in­vest­ment, in­clud­ing in­tel­lec­tual prop­erty pro­tec­tion, new room for in­vest­ment and re­duced in­vest­ment costs. At a time when pri­vate en­ter­prises lack se­cu­rity, time and de­ter­mi­na­tion are needed to stim­u­late pri­vate in­vest­ment and cre­ate a busi­ness en­vi­ron­ment of fair com­pe­ti­tion that fa­cil­i­tates mar­ket en­try.

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