Encouragement for public-private partnerships

DELIVERING THE GOVERNMENT WORK REPORT on Sunday at the opening of the fifth plenary session of the 12th National People's Congress, China's top legislature, Premier Li Keqiang said more should be done to energize the non-public sector. Beijing Youth Daily commented on Wednesday:

This year's Government Work Report bodes well for the development of the non-public economy and private capital that contributes much to the country's economic vitality and sustainability.

By urging full implementation of policies in favor of private capital, including the pursuit of a healthy, transparent, and incorruptible relationship between governments and entrepreneurs, the report put great emphasis on reducing the institutional barriers to private investors.