China Sets Up Bureau to Support Private Sector
The bureau is the first national-level body dedicated to promoting private sector development.
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The bureau is the first national-level body dedicated to promoting private sector development.
IN a significant move to further bolster the private sector, a crucial driving force for the country's economic output, China announced on Monday that it has set up a bureau specializing in promoting the private economy's development under the country's top economic planner.
China's central government has approved setting up a special bureau within the National Development and Reform Commission to promote the development and growth of the private economy, the NDRC said...
The Private Economic Development Bureau is an internal organ of the National Development and Reform Commission. Its main responsibilities are to track, understand, analyze and judge the development of the private economy, and formulate policies to promote private investment. The Bureau is a powerful measure to implement the decision-making and deployment of the Party Central Committee and the State Council. It reflects the consistent adherence to "two unwavering" and "three unchanged", according to the Central Committee. The bureau will play a greater role in the great process ...
BEIJING (Reuters) - China's central government has approved setting up a special bureau within the National Development and Reform Commission (NDRC) t...