
China’s Private Sector Gains Ground with Landmark Equality Law
China’s new Private Economy Promotion Law enshrines equality and fair competition, aiming to boost innovation and stabilize economic growth amid global challenges.
News & Insights Across Asia
China’s new Private Economy Promotion Law enshrines equality and fair competition, aiming to boost innovation and stabilize economic growth amid global challenges.
China’s landmark Private Economy Promotion Law takes effect in 2025, aiming to dismantle barriers for businesses and foster innovation through fair competition protections.
China implements landmark law to boost private sector growth, addressing systemic challenges while reinforcing its role as an economic and innovation driver.
China codifies private sector protections through landmark law, aiming to stabilize markets and drive innovation in strategic industries.
China’s landmark Private Sector Promotion Law, effective May 20, aims to unlock economic potential with the private sector contributing over 60% of GDP and 80% of urban jobs.
China’s first Private Economy Promotion Law takes effect May 20, enhancing fair competition, innovation, and protections for private businesses.
China outlines new private sector promotion law in cross-agency briefing, signaling commitment to market reforms and business-friendly policies.
China’s new Private Sector Promotion Law aims to stimulate economic growth through streamlined regulations, tax incentives, and enhanced protections for businesses.
China’s new private sector promotion law, effective May 2025, ensures fair competition, boosts innovation, and strengthens legal protections to drive high-quality economic growth.
China passes historic law supporting private enterprises, with 57 million firms now driving 92% of businesses. New rules aim to ensure fair competition and sustainable growth.