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Editor's note: Chinese entrepreneurs applaud a guideline to promote the development of the private sector unveiled by the government on July 19.

Issuing such guidance with 31 detailed measures is the Chinese government's latest step to boost support for private firms as a part of the country's larger driver to revive the economy amid downward pressures.

The measures include improving financing support policies and systems, protecting private firms' property rights as well as the rights and interests of entrepreneurs in accordance with the law.

Let's take a look at what the entrepreneurs say about the guideline.

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