China Aims to Boost Small Enterprise Sector as Property Slumps

A vendor prepares jian bing, Chinese crepes, in Beijing Photograph by Nelson Ching/Bloomberg

As the Chinese economy continues to slow, hit by falling property prices and a cooling manufacturing sector, China’s leaders are doubling down on policies that support private business and particularly small and micro-enterprises. The hope is that stronger companies will create jobs and bolster flagging growth.

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