(Beijing Comprehensive News) The National Development and Reform Commission of China is setting up a department to help private enterprises develop.This is the latest measure to regain the confidence of private enterprises and boost economic growth when China's economic recovery is weak.

Comprehensive Xinhua News Agency and Bloomberg reported that Cong Liang, deputy director of the China National Development and Reform Commission, announced at the press conference that the Office of the Central Organization Committee was formally approved to set up a private economy development bureau within the State Development and Reform Commission as the as a regard.Promoting a specialized work institution to promote the development of the private economy.

In recent years, the official supervision and rectification and the epidemic have reached the point. The confidence of China's private economy has fallen to the bottom, and the company, such as Alibaba Group, has shrunk sharply.Since the beginning of this year, China's economy has faced a series of challenges such as real estate crisis, decline in exports, and shrinking pressure. Investors have more concerns about private enterprises.

Cong Liang said that the newly established private economy development bureau includes the main responsibilities including tracking understanding and analyzing the development of the private economy, coordinating and organizing policies and measures to formulate the development of private economy, and formulate policies to promote civil investment development.

In addition, the bureau will also establish a normalized communication mechanism with private enterprises, coordinate and solve major issues of the private economy development, and coordinate and support the private economy to enhance international competitiveness.

The Chinese government has recently issued a continuous post to release signals that support the development of the private economy, and try to provide new growth momentum for economic development.It was released in July this year that it is called "New Article 31" .New deployment and promise to treat private enterprises and state -owned enterprises equally under the same conditions.

At the conference on Monday, Xu Xiaolan, deputy minister of the Ministry of Industry and Information Technology, also claimed that it would carry out comprehensive inspections such as reducing the burden of corporate burdens across the country, urging the implementation of the policy of benefiting enterprises, and better supporting the development of private small and medium -sized enterprises.