
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 implements landmark law to boost private sector growth, addressing systemic challenges while reinforcing its role as an economic and innovation driver.