Policy digest

Decisionmade to encourage private investment

Private fixed-asset investment growth

Premier Li Keqiang was briefed on a special investigation into the implementation of private investment policies during the executive meeting of the State Council, China's Cabinet, on June 22. The meeting stressed the significance of private investment to the economy, and called for deepened reform and guaranteed implementation of policies to boost investor confidence. Moreover, the meeting heard that the authorities should properly deal with the relationship between the government and market, make efforts to solve financing problems in the private sector, and establish an accountability mechanism to improve the government's credibility.