China's top leaders have committed to strengthening the private sector, recognizing its crucial role in technological innovation and economic stability.
At the Central Economic Work Conference held in mid-December, economic priorities for 2025 were outlined, emphasizing the need for laws to promote the private sector.
The conference called for the implementation of a private sector promotion law and a targeted campaign to standardize law enforcement involving enterprises, aiming to create a more conducive environment for business growth and innovation.
These initiatives reflect China's dedication to fostering a robust private sector as a key driver of sustained economic growth and technological advancement in the coming years.
Reference(s):
Private sector's potential to foster new quality productive forces
cgtn.com
