China to increase support for private firms to bolster recovery ...Middle East

China on Wednesday pledged to make the private economy "bigger, better and stronger" with a series of policy measures designed to help private business and bolster the flagging post-pandemic recovery. Weak growth in the world's second-largest economy has created an urgency to revive the private sector, a key growth driver that has been bruised by COVID-19 curbs and a wide-ranging regulatory crackdown that targeted sectors from technology to property.

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