Beijing Seeks to Boost Sluggish Economy and Restore Private Sector Confidence
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Beijing asks regional economic planners for ideas to boost private investment and market confidence, as China's economy remains sluggish.
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At a meeting, the National Development and Reform Commission said coordination is needed across government to support the private sector.
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An op-ed says entrepreneurs have lost confidence, adopting a wait-and-see approach, amid slowing demand and rising costs.
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Despite government efforts, private investment continues to decline, while state-owned assets are growing.
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Beijing vows to support state-owned firms to make them "stronger and bigger", while private firms decry unequal policy support.