Hey there, future movers and shakers! 🌟 Big news coming out of the Chinese mainland: they're gearing up to build a high-level socialist market economy! 🏗️🌐
On Friday, Han Wenxiu, the executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, spilled the tea at a press conference. ☕ He announced plans to supercharge state-owned enterprises (SOEs) by boosting their core strengths and making them stronger, better, and larger. 💪🏢
But that's not all! China is also rolling out the red carpet for private enterprises. 🎉 They're creating a friendly environment with more opportunities and mechanisms for private companies to dive into major national projects. Think of it as an open invitation to join the party! 👐🎊
Han mentioned that they're speeding up efforts to build a high-standard market system. 🚀 This includes crafting a unified national market that brings together urban and rural construction land, integrating technology and data markets nationwide, and setting up a unified national electricity market. ⚡🌎
The country is tweaking the market system and rules for key production factors like labor, capital, land, knowledge, technology, management, and data. 📚💼 It's all about making the system slicker and more efficient! 🛠️
Emphasizing the ✨ entrepreneurial spirit ✨, Han said China is on the fast track to building more world-class enterprises. 🌐 So, whether you're a budding entrepreneur or just curious about global economic trends, keep an eye on China—they're shaking things up! 👀🔥
Reference(s):
Official: China to build high-level socialist market economy
cgtn.com
