
China Introduces New Law to Boost Private Sector Growth
China unveils the Private Sector Promotion Law to boost economic growth and support private businesses. Officials discuss the law’s impact at a press conference.
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China unveils the Private Sector Promotion Law to boost economic growth and support private businesses. Officials discuss the law’s impact at a press conference.

China has passed its first national law dedicated to protecting and promoting the private sector, marking a historic milestone and boosting confidence among businesses.

China introduces its first Private Sector Promotion Law to boost private businesses, strengthen economic growth, and ensure equal treatment for private enterprises.

China passes landmark private sector promotion law to foster fair competition, innovation, and sustained economic 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.

China has passed its first fundamental law dedicated to promoting the private sector, aiming to enhance fair competition and support business growth. The law will take effect on May 20.

China introduces new measures to boost private investment in the energy sector, encouraging enterprises to drive the green, low-carbon transition through innovation and overseas expansion.

China’s aging population is sparking a dynamic ‘silver economy’ as private companies innovate in healthcare, tourism, and technology to meet the lifestyle desires of a new generation of seniors.

The number of private enterprises in China has soared past 57 million, highlighting the private sector’s crucial role in driving innovation and economic growth.

Xi Jinping releases a new article emphasizing the importance of strengthening both China’s public and private sectors, urging them to develop side by side for the nation’s growth.