China's Ministry of Justice and National Development and Reform Commission released a draft private sector promotion law, inviting public feedback until November 8.

China's Ministry of Justice and National Development and Reform Commission have unveiled a draft private sector promotion law, inviting public feedback until November 8. This legislation, consisting of 77 articles, aims to enhance protections for private businesses, foster fair competition, and improve investment conditions. It also addresses regulatory measures related to personal rights and property, reflecting a commitment to support the private economy amid ongoing challenges.

October 10, 2024
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