An article by President Xi Jinping, General Secretary of the Central Committee of the Communist Party of China (CPC), dedicated to promoting the healthy and high-quality development of China's private sector, was published on August 16 in the 16th issue of Qiushi this year, the flagship journal of the CPC Central Committee.
According to the article, the fundamental principles and policies of the Party and the State regarding the development of the private sector have been integrated into the system of socialism with Chinese characteristics and will be systematically supported and implemented. It emphasizes that these principles and policies cannot and will not be changed.
In the new journey of the new era, the private sector enjoys broad development prospects and enormous potential. It is the ideal time for private enterprises and entrepreneurs to fully demonstrate their strength, the article states.
Highlighting the effective implementation of policies and measures to support private sector development, the article notes that decisions made by the CPC Central Committee must be resolutely carried out without compromise.