The meeting called for greater efforts to encourage more private investment and to lower threshold for private investment to enter key areas. The meeting called for shoring up the weak links, boosting domestic demand, promoting employment and strengthening the impetus for long-term development.

Additional conditions hampering private investment entering fields such as health care and caring for the elderly will be reduced or lifted, and the government will make targeted efforts to remove hidden obstacles in land use, funding support and personnel training in these areas with stronger compliance regulation.

"The potential of consumption as a driver for growth need to be further unlocked. At the same time, more efforts need to be made to reduce business costs, support export, and make better use of foreign investment," Li said.

Tax and fee cutting measures for private businesses will be further implemented, while value-added tax reform will be deepened, the meeting decided. Financing transmission mechanisms will be improved to allow financial sector better serve the real economy. A risk compensation mechanism for lending to private businesses will be established to make financing more accessible and affordable for private businesses.

"This year marks the 40th anniversary of China's reform and opening up, which remains essential for China's social and economic development," Li pointed out.

【国内英语资讯:China promises new measures to boost private investment for steady growth】相关文章：

★ 现金流：投资企业的关键

★ 美国全民疯抢新款耐克乔丹球鞋 枪支、喷雾齐上场

★ 奥巴马稍事休息罗姆尼继续冲刺

★ 中国将加大可再生能源发展

★ 波司登借势伦敦进军高端市场

★ 盘点2011年全球最具影响力的话题

★ 元旦文化：世界各国搞笑元旦新年的习俗盘点

★ 苹果CEO今年总薪酬420万美元

★ 美国逼近财政悬崖

★ 美国需要一个整合的商务部