SHI YU/CHINA DAILY
A symposium on private enterprises, where President Xi Jinping called for efforts to promote the healthy and high-quality development of the private sector, was held on Monday. Amid global economic uncertainties and technological transformation, the agenda of the symposium not only reaffirmed China's commitment to develop the private sector but also made clear the comprehensive policy to facilitate innovation-driven growth.
The symposium highlighted three fundamental principles. First, China will continue to consolidate and develop the public sector while equally supporting the private sector's growth. Second, the country will ensure that all businesses of different ownership have equal access to production factors and are engaged in fair competition. And third, the government is committed to protecting the legitimate rights of private enterprises through legal means.
The significance of the symposium extends beyond mere economic policy β as a strategic response to the evolving global landscape where technological supremacy and
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