Economics

China Vows More Support for Private Sector Buffeted by Slowdown

Pedestrians ride escalators in the Lujiazui Financial District in Shanghai, China.

Photographer: Qilai Shen/Bloomberg
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Chinese policy makers will step up support for the struggling private sector in 2019, with the state council announcing a series of measures for the firms, which have been hit hard by the slowing economy and trade tensions.