Private enterprises are at the forefront of China’s economic evolution, and Liu Yonghao, Chairman of New Hope Group, believes now is the time for these businesses to harness new policy opportunities for high-quality development.
In a recent interview with CGTN’s Aaron Liu, Liu Yonghao, also a member of the Chinese People’s Political Consultative Conference (CPPCC), shared his vision for the private sector’s future. He emphasized the importance of government support in boosting the private economy and advancing agricultural development.
Seizing Policy Opportunities
Liu highlighted that recent government initiatives have created a favorable environment for private enterprises to thrive. “There is a new direction that encourages innovation and sustainable growth,” he said. “Private companies should align with these policies to achieve greater success.”
Driving Agricultural Development
As the chairman of a leading agricultural company, Liu has firsthand experience in the sector’s challenges and opportunities. He pointed out that with appropriate government support, private enterprises can significantly contribute to modernizing agriculture, ensuring food security, and improving rural livelihoods.
Government Support is Key
Liu called for further measures to bolster the private economy. “We need policies that facilitate access to financing, reduce bureaucratic hurdles, and promote fair competition,” he stated. “Such support will empower private businesses to innovate and expand.”
With influential voices like Liu Yonghao advocating for the private sector, there is optimism about the role these enterprises will play in shaping China’s economic landscape.
