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China's Xi says acts to deny or weaken private economy is wrong - Xinhua

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China's Xi says acts to deny or weaken private economy is wrong - Xinhua

China's Xi says acts to deny or weaken private economy is wrong - Xinhua
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POOL New(Reuters)
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BEIJING (Reuters) - China's President Xi Jinping said any comment or behaviour that seeks to deny or weaken the private economy is wrong and that the ruling Communist Party will always support private firms' development, the official Xinhua news agency reported on Sunday.

The report quoted a letter by Xi to private entrepreneurs, which also said the role of the private economy is unquestionable.

(Reporting by Beijing Monitoring Desk; Editing by Christian Schmollinger)

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