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Boosting the private economy: What will China do?

chinadaily.com.cn | Updated: 2023-08-04 06:40
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An employee works on the production line of an auto components manufacturer in Rizhao, Shandong province. [Photo/Xinhua]

Offering stronger support

- China will extend supportive tools on inclusive loans for micro and small enterprises until the end of 2024. 

- Granting rights to private firms to evaluate the professional title. The private firms above a designated size with strong technical strengths are allowed to set up professional title evaluation committees independently or jointly, to carry out independent evaluation. 

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