ADB bats for private sector

China needs to strengthen its efforts to boost the private sector in order to keep the economy on the right recovery path, a report by the Asian Development Bank said on Thursday.

"A smaller share of government-led investment projects contributing to growth points to some positive changes in the structural reforms," said Zhuang Jian, a senior economist with the bank.

"But the government needs to boost the private sector to ensure that the economy grows in a healthy way."