The China National Development and Reform Commission has established a private economic development bureau to promote the development of the private economy.

According to China CCTV News, the relevant person in charge of the National Development and Reform Commission announced at a press conference of the State Council on Monday (September 4) that the Central Office of the Central Committee officially approved the establishment of private privately in the National Development and Reform Commission.The Economic Development Bureau, as a specialized working institution that promotes the development of the private economy, strengthens policies and coordination of policies in relevant fields, and promotes major measures to land early and see results.