
Chinese Mainland to Enact Landmark Private Economy Law
On May 20, the Chinese mainland unveils its first Private Economy Promotion Law, promising fair competition, better financing, and a transparent framework for private businesses.
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On May 20, the Chinese mainland unveils its first Private Economy Promotion Law, promising fair competition, better financing, and a transparent framework for private businesses.
China’s SCIO and top regulators hosted a press briefing on the new private sector promotion law, outlining its goals to protect businesses, streamline rules, and boost confidence.
PRC officials unveiled the Private Sector Promotion Law at an SCIO press briefing, outlining new rules to protect private enterprises and boost market confidence.
The CPPCC’s recent session emphasized enhancing a law-based business environment in the Chinese mainland, advocating for improved legislation and a transparent, stable market.
China establishes a new NDRC bureau to support and grow the private sector, addressing recent challenges and boosting business confidence amid global uncertainties.