One Year of Private Sector Promotion Law: A Look at the Results in China's Economy by 2026

Deep News21:41

On May 20, the Private Sector Promotion Law of the People's Republic of China marked its first anniversary of implementation. Over the past year, the role of legal guidance and safeguards has become increasingly evident, with policy dividends accelerating their release. Recent data from departments such as the National Development and Reform Commission and the State Administration for Market Regulation show that private enterprises have seen significant growth in profits, with both the scale and quality of private economic development advancing simultaneously. How should this one-year "report card" be viewed? Experts have been invited to provide insights.

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