
China Passes Landmark Private Sector Law to Boost Growth and Confidence
China’s new private sector law, set to take effect May 2025, offers legal guarantees to boost private enterprises amid global uncertainty.
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China’s new private sector law, set to take effect May 2025, offers legal guarantees to boost private enterprises amid global uncertainty.
The Chinese mainland’s top legislature passed its first Private Sector Promotion Law, underlining support for businesses in the world’s second-largest economy.
China’s draft Private Economy Promotion Law marks a pivotal step in advancing the nation’s private sector, driving growth, innovation, and employment.
China introduces a draft law to strengthen its private sector, aiming to foster fair competition, support innovation, and create a rule-based business environment.
China releases a draft law aimed at promoting and protecting the private sector, ensuring equal treatment and supporting innovation across the economy.