China’s Private Economy Enters New Era with Landmark Law
China’s Private Economy Promotion Law, effective this week, codifies equality and fair competition, unlocking growth for over 57 million firms and reshaping the entrepreneurial landscape.
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China’s Private Economy Promotion Law, effective this week, codifies equality and fair competition, unlocking growth for over 57 million firms and reshaping the entrepreneurial landscape.
China’s new Private Economy Promotion Law marks a landmark shift, granting legal rights to a sector that now drives over 60% of GDP and global innovation.
Strong policy support and robust domestic demand are propelling the Chinese mainland economy to new highs, from industrial gains to a consumer spending surge.
Chinese leader Xi Jinping stresses sound, democratic and law-based decision-making to craft a high-quality 15th Five-Year Plan (2026–2030).
Chinese mainland’s fixed-asset investment grew 4% year-on-year in Jan-April 2025, signaling steady momentum in infrastructure and manufacturing sectors.
Insights from the 2025 Tsinghua PBCSF Global Finance Forum show China’s steady economic recovery and strategic reforms for high-quality growth amid global headwinds.
April’s data shows the Chinese mainland’s consumption, investment and industrial output surging, with startup vitality and infrastructure projects fuelling a robust economic recovery.
China’s central bank cuts reserve ratios, freeing over 1 trillion yuan to stabilize growth, expectations, and markets with targeted support for infrastructure, SMEs, and green tech.
The Chinese mainland’s first 2025 RRR cut lowers reserve requirements by 0.5 points, injecting 1T yuan ($139B) to boost liquidity, support domestic demand, and accelerate economic adjustment.
The People’s Bank of China commits to steady financing and money supply growth, refining macro policies to bolster stability and sustainable recovery amid global uncertainties.