Premier vows business boost for private sector

China is to take strong measures to further unlock business potential in the private sector and encourage private investment.

This vow was made at a State Council executive meeting on Wednesday, chaired by Premier Li Keqiang, after he was briefed on a report resulting from extensive inquiries about private investment nationwide.

Li also urged governments at all levels to heed problems revealed during the inquiries, especially private companies' difficulties in obtaining financing, and excessive administrative charges.