China’s private investment growth remains a central driver of its economic development, officials confirmed on Monday. Fu Linghui, NBS spokesperson, said private investment growth still receives strong policy and financial support despite ongoing challenges.
Speaking at a press conference in Beijing, Fu highlighted that China’s economy maintained solid momentum in August, demonstrating resilience and vitality. He noted that high-quality development creates room for further private investment growth. Private enterprises are actively pursuing green technologies such as new-energy vehicles, photovoltaic products, and lithium batteries. In addition, firms are exploring emerging sectors including artificial intelligence and embodied robotics, expanding opportunities for the private sector.
Since the beginning of the year, private enterprises have navigated external challenges effectively. They adapted operations, stabilized production, and expanded markets, showcasing resilience and innovative capacity. Government policy support remains a key factor, Fu said. The implementation of the Private Economy Promotion Law signals strong national commitment to fostering private enterprise and encouraging private investment growth.
Various regions and departments have improved mechanisms for investment facilitation. Authorities optimized market access, strengthened funding support, and mobilized resources to stimulate private investment. These efforts aim to maintain steady growth while enhancing entrepreneurship and technological advancement.
Official data further underscore the private sector’s role in China’s economy. The National Development and Reform Commission reports that private companies account for over 92 percent of the country’s high-tech enterprises since 2021. This trend demonstrates the private sector’s central role in driving innovation across key industries.
In the first half of the year, China saw the establishment of 4.35 million new private enterprises, up 4.6 percent year-on-year. Newly registered foreign-invested companies increased by 4.1 percent to roughly 33,000. Overall, 13.28 million new business entities were registered nationwide during this period. These figures reflect improving market expectations and rising confidence in China as an investment hub.
Experts believe that continued private investment growth will support technological innovation, strengthen national competitiveness, and enhance long-term economic stability. Looking ahead, authorities plan to sustain policy support and provide further incentives to encourage private enterprise expansion and industrial transformation.
Private investment growth remains a key component of China’s economic strategy, balancing resilience with future-oriented innovation and reinforcing the country’s position as a global investment destination.
