Beijing, June 12 -- One year after the implementation of Resolution 68 on private economic development, the outcome can be summed up as a stable beginning and a powerful breakthrough. Its revolutionary nature lies in redefining the private sector from a supplementary component of the economy into a key driving force, according to a Chinese expert. In an interview with Vietnam News Agency correspondents in China, Professor Tao Yitao, Director of the China Centre for Special Economic Zone Research, said that the first achievement has been institutional reform and the rebuilding of confidence. The resolution supports private enterprises through state-backed credit policies, elevating them from beneficiaries of preferential treatment to drive...