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Expert: China has taken concrete steps to help private investment
04:35

Chinese government issued a guideline last week on boosting the growth of the private economy, promising to improve its business environment, enhance policy support and strengthen legal guarantees for its development. Professor John Gong, vice president of research and strategy at the University of International Business and Economics, Israel, says that the documents released by China's National Development and Reform Commission constitute concrete steps to help private investment.

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