China Deputy Prime Minister Liu He emphasized today (6th) that the policy of supporting the development of the private economy has not changed. It has not changed now and will not change in the future.
According to Xinhua News Agency, Liu He pointed out in the Chinese International Digital Economic Expo with a video that the private economy contributed more than 50%of taxes to China, more than 60%of GDP (GDP), more than 70%or moreTechnology innovation, more than 80%of urban employment, and more than 90%of the number of market entities.
He emphasized that it is necessary to strongly support the development of the private economy, so that he can play a greater role in stable growth, employment, regulating structure, and promoting innovation.
Liu He also said that we must adhere to the direction of socialist market economy, adhere to the promotion of high -level opening to the outside world, adhere to the basic economic system of the primary stage of socialism, adhere to the "two unshakables", and resolutely protect property and intellectual property rights.
"Two unwavering" refers to consolidating and developing the public ownership economy without shaking; and unwavering encouragement, supporting, and guiding the development of the non -public ownership economy.
