Support for private firms in China should go beyond tax cuts and more loans

Chinese Premier Li Keqiang said in the government's work report on March 5, 2019 that he wants to let small and micro businesses feel "the weight of their burden being meaningfully lightened".
Chinese Premier Li Keqiang said in the government's work report on March 5, 2019 that he wants to let small and micro businesses feel "the weight of their burden being meaningfully lightened".PHOTO: EPA-EFE

BEIJING - Private firms and the private economy are clearly the buzzwords for this otherwise rather uneventful annual political gathering in Beijing this year.

For the past two weeks at the annual parliamentary meeting, top government officials from Chinese Premier Li Keqiang to chief justice Zhou Qiang have stressed their support for private firms.

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