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The Central Committee of the Communist Party of China plans to legislate to promote the development of the private sector.

The Central Committee of the Communist Party plans to legislate to promote the development of the private sector. Key aspects include:

  • Removing barriers to market entry
  • Enhancing financing support
  • Strengthening regulation
  • Supporting private enterprises in participating in major technological breakthroughs and projects
  • Improving credit evaluation and credit enhancement systems
  • Strengthening corporate governance and compliance construction

Additionally, efforts will be made to strengthen anti-monopoly and anti-unfair competition measures, and to eliminate regulations that hinder fair competition.

This initiative aims to boost the development of the private sector and enhance market vitality.

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