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The issuance of the guideline carries significant importance, which affirms the crucial role of the private economy in driving the Chinese path to modernization, said Li Ning, Chinese gymnastics champion and businessman.

This not only boosts the confidence and motivation of private enterprises to pursue high-quality development but also provides guidance for the growth and expansion of the private economy.

Li Ning Group will seize this opportunity to pursue high-quality development by placing sports technology innovation at the core and solidifying the foundation of professional sports.

The company will also promote cutting-edge technology research and the transformation of research achievements, Li said.

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