Chinese entrepreneurs applaud guidance supporting private sector

"After carefully studying the content of the guideline, I have gained a deeper understanding of the country's encouragement for the development of the private economy, efforts to boost market confidence, and initiatives for national development and people's livelihood. I feel extremely supportive and encouraged by these measures", said Li Dongsheng, founder and chairman of TCL Technology Group Corp.

This year, TCL will make additional investments of 60 billion yuan ($8.33 billion), Li added.