Private sector crucial wheel of economy
Share - WeChat
The private business sector has become an important part of the country's economy, said Liu Yonghao, chairman of New Hope Group, on Thursday.
"The private sector has provided 80 percent of jobs in the markets and contributed over 60 percent of the country's GDP, about 50 trillion yuan ($7.9 trillion) last year," said Liu, who is also a member of the 13th National Committee of the Chinese People's Political Consultative Conference.
"The private sector has witnessed, contributed and benefited from the country's opening-up strategy," said Liu.
Related Stories
- Wenchang hosts Space Day celebration with meteorology integration
- Posters: Health literacy rate up in 2023
- Fish farming on dry land nets multiple catches
- Mainland to expand use of travel permits for Taiwan residents
- Strict regulations create conditions for finless porpoises to find way back home
- Xi stresses building world-class military medical universities