Opinion: For a Stronger Economy, Support Private Enterprises

The vitality and potential of private enterprises are critical to the pace and extent of China’s economic recovery. Recently, the draft Private Economy Promotion Law was introduced for its first review by the National People’s Congress’ Standing Committee. The passage of this important law will further optimize the environment for private enterprises, providing entrepreneurs with more stable expectations. It also calls on governments at all levels and society at large to continue addressing the challenges and difficulties faced by these businesses.