China's Economic Planner Meets With Private Firms for Second Time in Eight Days
Zhang Yu
DATE:  Jul 10 2023
/ SOURCE:  Yicai
China's Economic Planner Meets With Private Firms for Second Time in Eight Days China's Economic Planner Meets With Private Firms for Second Time in Eight Days

(Yicai Global) July 10 -- China’s economic planning agency has held its second symposium in eight days with private firms such as internet giant Baidu and solar panel maker Longi Green Energy Technology to enhance the business environment.

Director Zheng Shanjie presided over the communication and exchange meeting that the National Development and Reform Commission organized today with firms including Jimin Kexin Pharmaceutical and Chunqiu International Travel Agency Group to listen to their concerns and suggestions. The participants included small and big companies from different parts of the country.

Communication is widening as on July 3, Zheng attended another similar meeting with firms including heavy equipment manufacturer Sany Group, air-conditioner firm Aux Group, express delivery company YTO Express Group, clothing manufacturer Bosideng and water brand Nongfu Spring.

Private firms' perspectives on macroeconomic policies and their suggestions are a key reference when studying and formulating macro policies and carrying out macro adjustments and control, Zheng said.

The NDRC recently set up a mechanism to talk with private firms while government agencies have held events to address business owners' problems. The agency aims to actively resolve the requests raised by firms in coordination with related parties. It will explore how to refine or introduce the suggested macro policies.

Next, the NDRC will improve the mechanism to communicate with private firms in a sustained manner by selecting representative firms of different sectors, sizes, and areas, fulfilling its duty of macro management and comprehensive economic coordination well to build a good environment for business development.

Editors: Shi Yi, Emmi Laine

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Keywords:   Baidu,Longi Green Energy,NDRC