Too little, too late.
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"For the past few years, the #PrivateSector has been a target for high-profile #crackdowns by the Chinese Communist party (#CCP), worried that companies such as #Tencent and #Alibaba were enjoying too high a profile.

Now, it says it wants to make the atmosphere for #entrepreneurs 'bigger, better, and stronger' ."

#China’s race for growth is fading. So too is its dream of middle-class security | Rana Mitter | The Guardian
https://www.theguardian.com/commentisfree/2023/jul/23/china-31-point-plan-for-economic-recovery-will-stumble