Legal protection is "increased", and China once again sends a signal of support for the private economy. China's private economy will usher in a more solid legal guarantee.
The Private Economy Promotion Law targets some long-term "blocking points" and "pain points" in the development of theprivate economy. Its focus will cover multiple aspects, including the legal protection of the property rights of private enterprises and the rights and interests of entrepreneurs. It will also address the problem of difficult and expensive financing for private enterprises. Establish in law the fair treatment of financing.