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Vibrant private sector anchors provincial economy

By Zhang Zhao | China Daily | Updated: 2013-04-25 05:42

The private economy is surging in northeast China's Jilin province following government support and a series of pioneering projects, said local officials.

"The private sector is vital to economic growth, a key approach to restructure economy and a major force to boost innovation," said provincial Party chief Wang Rulin.

The sector now generates half of the province's GDP and provides 80 percent of its jobs.

Vibrant private sector anchors provincial economy

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