Caixin
Mar 08, 2024 08:10 PM
CHINA

China’s Top Legislature Set to Create Law to Bolster Private Economy

00:00
00:00/00:00
Listen to this article 1x

What’s new: China’s top legislature is set to come up with a law specifically designed to prop up the private economy as part of its plans this year, according to an official report submitted to the ongoing annual political gatherings known as the “Two Sessions” on Friday.

Lawmakers this year also seek to create legislation on value-added tax, preschool education, social assistance and more, said the work report of the National People’s Congress Standing Committee, according to the state-run Xinhua News Agency.

loadingImg
You've accessed an article available only to subscribers
VIEW OPTIONS

Unlock exclusive discounts with a Caixin group subscription — ideal for teams and organizations.

Subscribe to both Caixin Global and The Wall Street Journal — for the price of one.

Share this article
Open WeChat and scan the QR code
NEWSLETTERS
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
PODCAST
Caixin Deep Dive: Former Securities Regulator Yi Huiman’s Corruption Probe
00:00
00:00/00:00