Quotable quotes from Summer Summit of Yabuli China entrepreneurs
chinadaily.com.cn |
Updated: 2020-08-31 17:51
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Jia Kang, chief of the China Academy of New Supply-side Economics
Stabilizing employment should be the priority but it relies on sound market entities. Data showed China has 130 million market entities; most of these are small-and micro private firms, which create more than 80 percent of jobs, offering over 90 percent of new jobs. China must stick to and complete its transformation for economic society to improve the quality and efficiency of its supply system. The country should liberate productivity and let economic entities that are facing challenges survive and be prepare for better development by institutional renovation.
