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Hu: China's Private Businesses Now at Fresh Start, Should Seize Opportunities

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Chinese President Hu Jintao (R, front), who is also General Secretary of the Central Committee of the Communist Party of China (CPC) and Chairman of the Central Military Commission, visits and joins a panel discussion of members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the China National Democratic Construction Association and the All-China Federation of Industry and Commerce in Beijing, capital of China, March 4, 2010.

Chinese President Hu Jintao (R, front), who is also General Secretary of the Central Committee of the Communist Party of China (CPC) and Chairman of the Central Military Commission, visits and joins a panel discussion of members of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from the China National Democratic Construction Association and the All-China Federation of Industry and Commerce in Beijing, capital of China, March 4, 2010. Jia Qinglin, a member of the Standing Committee of the Political Bureau of CPC Central Committee and chairman of CPPCC National Committee, also took part in the visit and joined the panel discussion. [Xinhua]

 

Chinese President Hu Jintao said Thursday the country's private businesses are now standing on a new starting line and urged them to seize opportunities for development.

Hu made the remarks when joining a panel discussion of political advisors who gathered in Beijing for their annual full session that started Wednesday.

Non-public enterprises should have a clear understanding of the current situation, seize the opportunities and score greater achievements in helping accelerate the transition of the country's economic growth pattern and improve people's livelihoods, and strengthening their own competence, Hu told the members of the National Committee of the Chinese People's Political Consultative Conference (CPPCC).

Hu said he is glad to see more Chinese private enterprises are seeking business opportunities overseas and have obtained progress, but he warned them to guard against risks while seeking overseas expansion.

The political advisors at the panel discussion were from the non-communist China National Democratic Construction Association and the All China Federation of Industry and Commerce, an organization of private entrepreneurs.

Jia Qinglin, chairman of the CPPCC National Committee, also joined in the discussion.

(Xinhua News Agency March 5, 2010)

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