Chinese media echoes Xi’s speech on private sector with flurry of editorials

China's state media outlets are strongly backing the private sector, echoing President Xi Jinping's recent supportive statements. Editorials in prominent publications like the People's Daily highlight the private economy's vital role in China's modernization and high-quality development, emphasizing the government's commitment to unwavering support, equal competition, and legal protection.

These editorials extensively reference Xi's speech, reinforcing the message that the government's policies toward the private sector are integral to China's socialist system and represent a long-term commitment. A commentary in the same newspaper praised the "innovative spirit" of private enterprises and their potential to contribute to technological innovation, sustainable development, and the digital economy as China enters a stage of high-quality development.

via SCMP Full Text Feed
 
 
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