More efforts are needed to widen market access for private enterprises and streamline administration by delegating power to lower levels, removing excessive barriers, implementing a fair and unified market supervision system, easing companies' tax burdens, helping private companies embrace transformation and upgrading and promoting innovation, the guideline said.
More than 66 million new urban jobs were added in 2017 in China, according to the Government Work Report in March.
More than 60 percent of the respondents in the latest China Economic Survey conducted by CPA Australia, a leading professional accounting body, believed that China would maintain stable economic growth of above 6 percent this year, despite the uncertainties from trade disputes, Brexit and rising US interest rates.
More efforts will be made to increase support for personal auto consumption credit and further release the auto consumption potential by appropriately lowering the down payment ratio and loan interest rate as well as extending the repayment period, the circular noted.
More deliveries are scheduled in the coming weeks.
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More than 5,000 exhibitors from 75 different nations and regions are presenting technologies for tomorrow's factories and energy systems from April 23 to 27.
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