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Economic Support for Private Enterprises May Come with Political Commitments

Key Takeaways

  • Amid growing economic headwinds, state planners have pledged to increase support for the private sector.
  • At the same time, China is ramping up its party building campaign for private enterprises to guide them toward priority areas.
  •  New high-level plans underscore the importance of both initiatives, but there is a long lead time for the transition from rhetoric to policy.

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