BEIJING Reuters - Vice Premier Liu He said on Thursday that China will unswervingly support the healthy development of the private economy, as well as exploring ways to relieve pressure from rapidly rising costs on small firms, according to state media.
The government needs to promote transparency and predictability for small companies and protect their intellectual property rights to promote equal competition, Liu said in a written statement to a forum in Guangzhou, official Xinhua News Agency reported.
Liu will make better use of capital markets to help small firms grow, China was quoted as saying.