夯实法治之基，让民企一心一意谋发展

Core Viewpoint - The National People's Congress has passed the "Private Economy Promotion Law," which will take effect on May 20, 2025, marking the first foundational law specifically aimed at the development of the private economy in China [1][4]. Group 1: Legislative Developments - The law addresses the healthy and high-quality development of the private economy and reinforces the commitment to the principle of "two unwavering" [1][4]. - The law explicitly recognizes the legal status of the private economy and establishes the promotion of its sustainable, healthy, and high-quality development as a major long-term policy of the state [4]. Group 2: Economic Contributions - In 2024, the number of registered private enterprises in China reached 56.504 million, accounting for 92.3% of the total number of enterprises, contributing over 50% to imports and exports and 80% to urban employment [3]. - The private economy is supported by a resilient and creative workforce, which is essential for its high-quality development [3]. Group 3: Policy Support and Environment - Continuous optimization of the development environment, ensuring fair competition, and protecting the rights of private enterprises and entrepreneurs are crucial for encouraging confidence and unlocking the potential of private enterprises [3][4]. - The law includes provisions on fair competition, technological innovation, service guarantees, and rights protection, which will create a more favorable environment for various forms of economic ownership to develop together [4].