Private enterprises are the backbone of China's economy, driving global innovation and growth. With the Private Economy Promotion Law in the pipeline, significant efforts are being made to enhance the business environment for these vital businesses.
At the recent Two Sessions, CGTN's Huang Fei and Uzbekistan National News Agency's Nozimbek Mardonov engaged with NPC deputies from the law, media, business, and manufacturing sectors. Their discussions focused on strategies to boost confidence and dismantle barriers that hinder private enterprises.
These policy initiatives are designed to create a more supportive ecosystem, fostering entrepreneurship and sustainable economic development. By empowering private businesses, China aims to sustain its position as a global innovation leader and ensure long-term economic resilience.
Reference(s):
Confidence counts: How policy can empower private enterprises
cgtn.com
