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1 November 1987
Regulations recognized private enterprises employing more than the previously permitted small household businesses, though ownership and political status remained constrained. The change helped absorb...
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19 July 2023
The CPC Central Committee and State Council published measures addressing market access, financing and legal protections for private firms. The initiative responded to weak confidence after regulatory...
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30 April 2025
The law established national rules intended to support private enterprises, including fair market access and protection of property and business rights. It codified the private sectorβs role within...
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20 May 2025
The new law came into effect, adding a statutory framework for private-sector development and support. Its implementation became a test of whether legal guarantees could improve financing, competition...