Caixin
Feb 21, 2024 08:32 PM
CHINA

China Kicks Off Drafting of Law to Promote Private Sector

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What’s new: China has begun drafting a law on the promotion of the private economy, state media reported, as the country accelerates efforts to ensure equal treatment of state-owned enterprises and private companies.

The move was announced Wednesday during a legislative work meeting held by the Ministry of Justice, National Development and Reform Commission and the State Council’s Legislative Affairs Commission, state broadcaster CCTV reported.

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