Help vowed for private investment

Deleveraging of State-owned firms high on agenda, top regulator says

China will take further measures to support private investment as the country tries to stabilize growth while encouraging deleveraging, especially within State-owned enterprises, according to the nation's top economic regulator.

Analysts said China may also continue to cut taxes for enterprises to boost private investment while further lowering corporate debt and borrowing levels to control financial risks in the coming months.