China’s Liu He assures business of support, amid regulatory crackdown, East Asia News & Top Stories


Source: singaporenewslive.com singaporenewslive.com

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BEIJING (REUTERS) – China’s Vice Premier Liu He vowed the government would keep supporting the private sector amid growing concern a regulatory crackdown on a wide range of industries was hurting businesses. Mr Liu said: “Guidelines and policies for supporting the private economy have not changed… and will not change in the future,” according to a report from Xinhua news agency. He was speaking via video at a forum on Monday (Sept 6) on the digital economy held in China’s northern province of Hebei. Mr Liu appeared to be signalling reassurance to businesses during a crackdown on a range of...