广播听力: China Aims to Further Promote Private Investment

China has decided to allow private investment in a new range of industries, which are controlled by state-owned enterprises.
 
Economists believe this policy indicates the government's intention of granting private enterprises a larger role in achieving sustainable growth.

 
Citing past experience, they call for coordinated measures to ensure the success of the new policy.



China's State Council, or cabinet, has released a set of guidelines pledging to "enlarge the scope of private investment".

Now, private investment can enter a wide range of industries, including infrastructure construction, oil, mining and public services.
 
Yuan Gangming, an economics researcher with the Chinese Academy of Social Sciences, applauds the move.

"I think the government aims to achieve a sustained economic recovery by relaxing restrictions on private investment. It's also a signal that the government intends to promote the private sector as a pillar of the Chinese economy."

Cao Heping, a professor from Peking University, says the development of private enterprises is critical to the adjustment of the Chinese economy.

"The key to China's economic adjustment is figuring out how to boost domestic demand. Compared with state-ow