Qiu Xiaoping, vice-chairman of the All-China Federation of Industry and Commerce, speaks at the opening ceremony of the Yabuli China Entrepreneurs Forum in Heilongjiang province. Photo: Handout
Qiu Xiaoping, vice-chairman of the All-China Federation of Industry and Commerce, speaks at the opening ceremony of the Yabuli China Entrepreneurs Forum in Heilongjiang province. Photo: Handout

China’s struggling private firms tasked with lifting nation of out economic doldrums

  • Call to action comes at annual gathering of China’s business leaders that serves as an influential idea-exchange forum
  • China’s private firms have taken an especially hard economic hit over the past year, whereas state-owned enterprises have remained mostly intact or even thrived

Qiu Xiaoping, vice-chairman of the All-China Federation of Industry and Commerce, speaks at the opening ceremony of the Yabuli China Entrepreneurs Forum in Heilongjiang province. Photo: Handout
Qiu Xiaoping, vice-chairman of the All-China Federation of Industry and Commerce, speaks at the opening ceremony of the Yabuli China Entrepreneurs Forum in Heilongjiang province. Photo: Handout
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