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China’s private sector

China’s private sector
The latest news, analysis and opinion on China’s private sector. In-depth analysis, industry insights and expert opinion.
Westlake University in Hangzhou, Zhejiang province, pioneered the entrepreneur-funded model. Photo: Westlake University
China education

How are new Chinese universities attracting top talent from around the world?

Fuyao University of Science and Technology, which began enrolling students this year, trumpets faculty’s international credentials.

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China economy

What’s the next step for China’s proposed private sector promotion law?

Two Sessions 2025

‘Two sessions’ 2025: how can China get its private sector back on track?

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China's economic recovery

China’s central bank vows to ease funding pressures on private sector

Financing channels will be unblocked and funding costs lowered, Pan Gongsheng says.

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China’s central bank has said it will ease the funding burden on private businesses. Photo: Reuters
Two Sessions 2025

Party newspapers echo Xi’s call for promotion of private sector

Editorials in People’s Daily and The Economic Daily ahead of ‘two sessions’ emphasise importance of private enterprises.

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China's economic recovery

Xi Jinping tells entrepreneurs ‘east wind’ will carry China above rivals

The president evoked a Mao Zedong slogan to reiterate his confidence in China’s economic triumph at a high-profile meeting on the private sector.

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China manufacturing

In China, AI-driven robots are ‘evolving at an incredibly fast pace’

Wang Xingxing, CEO of Chinese robotics firm Unitree, predicts humanoid robots will ‘reach a whole new level’ by the end of 2025.

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A humanoid robot made by Unitree Robotics is displayed at the 2025 Consumer Electronics Show (CES) in Las Vegas in January. Photo: Xinhua
DeepSeek

My Take | DeepSeek isn’t just a wake-up call for the US, there are lessons for China too

The AI firm’s challenge to US dominance was achieved through a corporate culture that is very different from the hierarchical norm in China.

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China’s economic stimulus

China’s Henan urges local entrepreneurs to ‘dare to invest’ amid slowdown

The central province has vowed to ‘protect’ and ‘listen to’ the private sector, as China’s leaders strive to restore confidence and shore up economic growth.

China's economic recovery

Top China political adviser, Wang Huning, reaffirms support for private economy

Private firms in China are bracing for a year filled with challenges and uncertainties.

China’s No 4 political figure, Wang Huning (front), attends a high-level meeting on industrialisation and agricultural modernisation in September. Photo: Getty Images
China's economic recovery

China’s top auditor puts authorities on notice over unpaid bills to businesses

Contractors have been short-changed by unbudgeted government infrastructure projects, NAO report says.

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Contractors have been left billions of yuan out of pocket by local governments, according to a National Audit Office report. Photo: Shutterstock
China's economic recovery

What are key concerns of China’s private firms? Survey flags raft of hardships

Most polled firms lament losses, and few plan to increase investments in the foreseeable future as economic challenges mount.

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China’s Communist Party

China’s private sector law needs to punish unjust law enforcement: ex-official

Chen Yongjie, a former State Council researcher, says a survey of entrepreneurs found half felt the proposed legislation was ‘insufficient’.

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China’s economic stimulus

How can China unleash the spending power of its millions of migrant workers?

Deregulation and ‘people-centred urbanisation’ that fills public service gaps can spur consumption, Hong Kong forum told.

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Migrant workers arrive at Beijing West Railway Station in February 2020. Photo: Xinhua
China's economic recovery

‘Extremely brutal’: are China’s private firms paying the price for official debt?

Recent trials have compounded concerns about unduly harsh legal action targeting businesses in other regions to ease the local debt situation.

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Local authorities increasingly tend to treat civil fraud as criminal fraud, a much more serious offence, to “extract money”, according to one legal expert. Photo: AP
China GDP

Top Chinese officials urged to make all-out effort to hit annual growth targets

Beijing has already unveiled a series of stimulus measures, with more expected amid a final push to reach this year’s ‘around 5 per cent’ target.

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China's economic recovery

Olive branch from Beijing to private firms: more access to national projects

Move part of efforts to reverse prolonged downturn in business sentiment among private enterprises.

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China's economic recovery

Economist urges China to further elevate private sector as draft law disappoints

Teng Tai suggests ‘milestone’ law should dispel concerns that private entrepreneurs in China are only needed in times of crisis.

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A proposed law to boost private sector confidence in the economy should include measures to elevate the legal status of private firms, which were a “source of vitality”, says economist Teng Tai. Photo: Bloomberg
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