China's national lawmakers on Wednesday voted to adopt the country's first fundamental law dedicated to promoting the private sector, underscoring support for a key part of the world's second-largest economy.
The private sector promotion law, passed at a session of the Standing Committee of the National People's Congress, will take effect on May 20, 2025.
Notice: the content above is transferred from Xinhua, just for information sharing.
We respect your intellectual property right and your other lawful rights. As any content here violates any of your lawful rights, please contact us, and we will delete related content.
