Logo 08 May 2025

Private Economy Promotion Law disappoints

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Already a subscriber? Log in.

In a Thursday presser, officials discussed the recently passed Private Economy Promotion Law, which comes into force on May 20.
How we got here:

In March 2023, a major private industry group proposed the idea of a Private Economy Promotion Law.
A draft sketched out by the justice ministry...