China's private economy will embrace a bright future, as long as the country continues to push forward favorable policies and entrepreneurs seek careful management, Guo Weimin, spokesman for the second session of the 13th CPPCC National Committee, said on Saturday.

Boosting the private economy has been a focus of the CPPCC, Guo said at the news conference of the Second Session of the 13th CPPCC National Committee. He urged local governments to ensure the implementation of pro polices for the private sector.

The private economy is a vital part of a socialist market economy, and is irreplaceable in improving people's quality of life and increasing employment. China couldn't have created such an economic miracle without the private economy, he stressed.

Guo added that a number of CPPCC members come from private companies. As favorable measures are gradually implemented, they have felt the central government's determination to support the development of private enterprises, he said.