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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