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Chongqing’s private sector thrives with policy support

By News Desk 2 min read

Source Xinhua, Dawn, Arab News, Anadolu and Minute Mirror

Chongqing’s private sector thrives with policy support
(250223) -- CHONGQING, Feb. 23, 2025 (Xinhua) -- Workers operate at a production line of Chongqing Hwasdan Machinery Manufacturing Co., Ltd. in southwest China's Chongqing Municipality, Feb. 22, 2025. In recent years, the local government has launched a series of policies for the high-quality development of the city's private sector, covering areas such as technological innovation, market expansion and financial support. In 2024, the economic value added of Chongqing's private sector reached 1.98 trillion yuan (about 273 billion U.S. dollars). (Xinhua/Wang Quanchao)

In recent years, the local government has launched a series of policies for the high-quality development of the city’s private sector, covering areas such as technological innovation, market expansion and financial support. In 2024, the economic value added of Chongqing’s private sector reached 1.98 trillion yuan (about 273 billion U.S. dollars).

Chongqing’s private sector thrives with policy support
Workers operate at a workshop of Chongqing Honggang Numerical Control Machine Tool Co., Ltd. in southwest China’s Chongqing Municipality, Feb. 22, 2025. (Xinhua/Wang Quanchao)
Chongqing’s private sector thrives with policy support
A saleswoman promotes agricultural machines via livestreaming at an exhibition hall of Chongqing Hwasdan Machinery Manufacturing Co., Ltd. in southwest China’s Chongqing Municipality, Feb. 22, 2025. (Xinhua/Wang Quanchao)
Chongqing’s private sector thrives with policy support
Workers operate at a production line of Chongqing Hwasdan Machinery Manufacturing Co., Ltd. in southwest China’s Chongqing Municipality, Feb. 22, 2025. (Xinhua/Wang Quanchao)
Chongqing’s private sector thrives with policy support
Workers operate at a workshop of Chongqing Hwasdan Machinery Manufacturing Co., Ltd. in southwest China’s Chongqing Municipality, Feb. 22, 2025. (Xinhua/Wang Quanchao)
Chongqing’s private sector thrives with policy support
A worker operates at a production line of Chongqing Hwasdan Machinery Manufacturing Co., Ltd. in southwest China’s Chongqing Municipality, Feb. 22, 2025. (Xinhua/Wang Quanchao)
Chongqing’s private sector thrives with policy support
A worker operates at a workshop of Chongqing Honggang Numerical Control Machine Tool Co., Ltd. in southwest China’s Chongqing Municipality, Feb. 22, 2025. (Xinhua/Wang Quanchao)

Reference Link:- https://english.news.cn/20250223/5365b7f916d64612a714329a86b7fde4/c.html

Prof. Engr. Zamir Ahmed Awan
Prof. Engr. Zamir Ahmed Awan Founder & Chair, Global Silk Route Research Alliance

Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…

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