The highly anticipated Private Sector Promotion Law of the People's Republic of China officially came into effect on May 20,2025.As the nation's first fundamental law dedicated to private sector development,th...The highly anticipated Private Sector Promotion Law of the People's Republic of China officially came into effect on May 20,2025.As the nation's first fundamental law dedicated to private sector development,this law codifies the principles,policies,and effective practices regarding private sector development implemented by the Central Committee of the Communist Party of China(CPC)and the State Council since the launch of reform and opening up in 1978,and particularly since the 18th CPC National Congress in 2012.Its enactment has sent a powerful message that the rule of law will help guarantee the development of the private sector.展开更多
文摘The highly anticipated Private Sector Promotion Law of the People's Republic of China officially came into effect on May 20,2025.As the nation's first fundamental law dedicated to private sector development,this law codifies the principles,policies,and effective practices regarding private sector development implemented by the Central Committee of the Communist Party of China(CPC)and the State Council since the launch of reform and opening up in 1978,and particularly since the 18th CPC National Congress in 2012.Its enactment has sent a powerful message that the rule of law will help guarantee the development of the private sector.
