CX Daily: China Writes First Legal Rulebook to Strengthen Its Vital Private Sector
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Cover Story: China writes first legal rulebook to strengthen its vital private sector
China is fast-tracking a landmark law to bolster its vital private sector, as top leaders acknowledge the urgent need to restore business confidence amid mounting economic headwinds.
The Private Economy Promotion Law, China’s first authoritative law on the private economy, is to receive a crucial third legislative review this month — potentially paving the way for its passage. This caps a remarkably swift journey since drafting began just over a year ago.
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