Western China Steps Up Economic Restructuring

The western part of China should greatly expand private businesses to push forward the reform of administrative functions of the government, a senior official in charge of economic reform said Sunday in Chengdu.

Pan Yue, vice-director of the Economic Restructuring Office under the State Council, said at the Western Forum of China that concluded here today that the western part of China should re-organize local state-owned enterprises by privatizing some of them.

At the same time, the region should also accelerate the development of capital market and improve management of human resources.



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