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flag China enacts new law to boost private sector, ensuring equal access and fair competition.

flag China has introduced a Private Sector Promotion Law to boost its private sector, ensuring equal access to resources and fair competition. flag The law, taking effect May 20, supports the growth of private enterprises through legal stability. flag The National Development and Reform Commission is launching major projects in various sectors, with significant private investment, while loans to private businesses have also increased steadily.

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