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China publishes Private Economy Promotion Law, effective May 20

( May 2, 2025, 08:42 GMT | Official Statement) -- MLex Summary: China has published the finalized text of its newly introduced Private Economy Promotion Law on the central government's website. The law, effective from May 20, includes provisions on fair competition, investment and financing facilitation, technological innovation, business regulation and other related areas. The country's legislature passed the law on April 30.The full text of the law follows....

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