Li Qiang presided over the convocation of the State Council's regular meeting: deployment of several measures to further promote the development of private investment.

Li Qiang presided over the executive meeting of the State Council, deploying several measures to further promote the development of private investment. The meeting pointed out that it is necessary to focus on prominent issues concerning enterprises, implement a number of practical measures in expanding market access, removing obstacles, and enhancing guarantees, in order to further promote the development of private investment. It is important to broaden the space for private investment, support private capital in increasing investments in new productive forces, emerging service industries, new infrastructure, and other areas. Strict implementation of relevant regulations in the field of bidding and tendering is necessary, to ensure the reserved share of government procurement for small and medium-sized enterprises and to increase support for private investment projects within the central budget. It is necessary to create a fair competitive market environment, eliminate various hidden barriers restricting private investment, strengthen innovation and financing support, improve service systems, and enable private enterprises to invest with confidence and receive returns.