Private Investment Picks Up Pace

Private investment in China grew 8.9 percent year-on-year in the first quarter of 2018. That was 0.8 percentage points faster than first two months, and 1.2 percentage points faster than the first quarter in 2017, according to official figures. Private investment in China has been declining in past years, bringing instability to the country’s economy. The central government established a package of measures to boost private investment, including intellectual property protection, new room for investment and reduced investment costs. At a time when private enterprises lack security, time and determination are needed to stimulate private investment and create a business environment of fair competition that facilitates market entry.