Core Points - The "Private Economy Promotion Law" was passed by the National People's Congress and will take effect on May 20, 2025, establishing legal support for the development of the private economy in China [2][3] - The law emphasizes the importance of the private economy as a vital component of the socialist market economy and a key driver for high-quality development and modernization in China [3] Summary by Sections - Legislation Overview - The "Private Economy Promotion Law" incorporates the Party and State's policies and effective practices regarding the development of the private economy into the legal framework of socialism with Chinese characteristics [2] - The law explicitly states the commitment to both public and private ownership, ensuring the coexistence of various economic forms [2] - Economic Positioning - The private economy is recognized as an essential part of the socialist market economy and a significant force in achieving national modernization and the rejuvenation of the Chinese nation [3] - The law aims to promote sustainable, healthy, and high-quality development of the private economy as a long-term national policy [3]
对民营经济的基本方针政策不会变,也不能变 | 直击发布会
Sou Hu Cai Jing·2025-05-08 10:20