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China's new private sector promotion law enables companies to access deeper and more stable funding pools, beyond venture capital. By ensuring equal treatment for private firms, the law opens doors to infrastructure financing, green loans, and public-private partnerships critical for scaling innovations. For capital-intensive technologies like battery swapping, Botree's founder Dr. Lin Xiao told CGTN's Xu Xinchen that the new law accelerates lab-to-market scaling and with collaborative funding, China's new energy sector—spanning EVs, batteries, wind, and solar—can solidify its role as a GDP growth engine.