Measures will be taken to halt a slowdown in private-sector investment, the State Council, China's cabinet, said on Wednesday, including relaxing market access for private companies.
The announcement came after data showed fixed-assets investment by private companies rose 5.7 percent year-on-year in the first quarter, slowing from a 10.1 percent rise in 2015.
"Private investment is an important supporting force for stabilizing growth, adjusting structures and promoting employment," the State Council said in a statement after a regular meeting.
"We must take strong measures to carry out relevant policies, further loosen market access and create a fair business environment to promote an improvement in private investment," read the statement.
The cabinet will send inspectors to provinces to check the implementation of recent policies aimed at encouraging social investment, the statement said.
