Business
2025.05.08 21:17 GMT+8

China advances landmark law to further empower the private sector

Updated 2025.05.08 21:17 GMT+8
CGTN

China's first ever foundational law to further promote the private economy will take effect on May 20. The new law lays out legal guarantees to ensure fair competition, improve access to financing, encourage innovation, and protect the rights and interests of private businesses. Check the poster for key highlights of how the private sector is being supported!

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