China’s New Private Sector Law: A Boost for Economic Growth
China’s new Private Sector Promotion Law empowers businesses with protections and incentives, marking a pivotal step for economic growth.
Economy
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China Enacts New Law to Boost Private Sector Growth
China passes landmark private sector promotion law to foster fair competition, innovation, and sustained economic growth.
China Adopts New Law to Boost Private Sector Growth
China has adopted a new law to promote private sector development, aiming to level the playing field and encourage innovation among private enterprises, which make up over 90% of businesses in the country.