China's policy support boosts private sector's healthy development

A visitor introduces a Chery (a famous Chinese private owned company )flying car via live-streaming during the 21st Shanghai International Automobile Industry Exhibition in east China's Shanghai, April 23, 2025. Themed "Embracing Innovation, Empowering the Future," the exhibition, also known as Auto Shanghai 2025, kicked off here on Wednesday, attracting nearly 1,000 noted enterprises from 26 countries and regions. (Xinhua/Wang Xiang)
BEIJING, 24 April 2025 (Xinhua) -- China's private sector saw robust industrial output growth in the first quarter of 2025, with its investment in manufacturing and innovation-driven development also accelerating. The sector, constituting more than 90 percent of enterprises in the world's second-largest economy, has forged ahead with steady expansion as the country reaffirms unswerving support for the sector's growth amid challenges and difficulties.






