China's Xi Vows to Remove Mountainous Barriers to Private Sector

  • Reminds executives they owe their success to Communist Party
  • Xi says local bureaucrats slowing reforms in `last kilometer'

Xi Jinping.

Photographer: Qilai Shen/Bloomberg

President Xi Jinping pledged to remove obstacles faced by private companies in China, while reminding the entrepreneurs that they owe their success to the Communist Party.

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