Unpacking China's new private sector reform: What fresh impetus is provided?
Unpacking China's new private sector reform: What fresh impetus is provided?
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China’s private sector is poised for a major boost, as outlined in plans from an important high-level conference. Following the results of the 3rd plenary session of the 20th Central Committee of the CPC in mid-July, China aims to strengthen the private sector’s confidence, increase support for private enterprises in high-tech industries, and facilitate their participation in national projects. What new incentives will emerge in China’s private sector? How will these incentives contribute to economic development? What role will the private sector play in China’s goal to establish a high-standard market economy?
Joining this edition of Dialogue are Dr. Edward Tse, founder & CEO of Gao Feng Advisory Company; Daryl Guppy, CEO of Guppytraders.com; and Yan Liang, Kremer chair professor of Economics at Willamette University.
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