China's State Planner says confidence in private firms has not fully recovered

The National Development and Reform Commission of the People's Republic of China (NDRC) is China's State Planner.

Confidence in private firms has not fully recovered due to weak demand

Some private investors have no clear investment direction

Private investment excluding real estate sector grew 9.4% y/y in H1

Earlier from the NDRC:

• China's state planner to boost private investment in construction projects