
China’s Private Economy Enters New Era with Landmark Legislation
China implements landmark Private Economy Promotion Law, granting legal recognition to sector contributing 60% of GDP and 90% of businesses.
News & Insights Across Asia
China implements landmark Private Economy Promotion Law, granting legal recognition to sector contributing 60% of GDP and 90% of businesses.
China’s International Commercial Court sets new standards with landmark Shanghai circuit trial, resolving complex cross-border shareholder disputes through innovative judicial practices.
China’s Supreme People’s Court handled 32,500 cases in 2024 as local courts resolved 45 million disputes. 2025 priorities focus on judicial efficiency and tech integration.
China’s revised Cultural Relics Protection Law takes effect in March, aiming to strengthen the return of illicitly acquired foreign artifacts through international cooperation.