Top economic regulator vows steps to promote the private sector

China's top economic regulator has pledged efforts to tackle issues faced by enterprises and create a better development environment for the private sector.

Zheng Shanjie, head of the National Development and Reform Commission, hosted a meeting on Monday with a group of private businesspeople from Sany Group, Aux Group, Shanghai YTO Express (Logistics) Co Ltd, Bosideng, and Nongfu Spring, according to a meeting memo released on Monday.

Five business executives attending the meeting analyzed the opportunities and challenges to corporate development brought by changes in the domestic and international environment.

They also discussed some practical difficulties encountered in production and operation and shared opinions and suggestions for further optimizing the legal and institutional environment for private enterprises.

Zheng said the NDRC will study practical and effective policy measures to help enterprises solve difficulties, thus creating a favorable development environment for private enterprises.