China will ramp up policy support and provide better services to the private sector, a senior Chinese official said on Monday, as part of the country's broad efforts to promote the nation's private economy, a crucial driving force for the world's second-largest economy.
The nation will organize six major service platforms to deliver quality services to private firms, Wei Dong, head of the bureau for private economy development under the National Development and Reform Commission (NDRC), told the China Economic Roundtable on Monday, according to the Xinhua News Agency.
One platform will be focused on reviewing the effectiveness of support policies for private enterprises so as to make the policies more forward-looking, targeted and effective. Two platforms will concentrate on seeking advice from all social sectors concerning the private sector's development and facilitating the sector's exchanges and cooperation with the world to elevate its competitiveness in the global arena, according to Wei.
The other platforms will be focused on strengthening the monitoring and assessment of private firms, as well as enhancing their publicity, the senior official said.