Private Economy Promotion Law enters into force

The Central Committee approved a broad reform program focused on a high-standard socialist market economy, innovation, fiscal governance and urban-rural integration. The plan reaffirmed market...

The Politburo called for forceful fiscal and monetary measures, support for local governments, stabilization of property markets and stronger capital markets. The announcement recognized the depth...

The legislature authorized additional local-government bonds to replace hidden debt, alongside a multi-year plan using special bonds. The measure aimed to lower near-term repayment pressure and...

The annual report set growth objectives and announced measures for consumption, technological capacity and private-sector confidence. The priorities responded to weak demand and external trade...

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 sector’s role within...

Platforms must report quarterly identity and income data for merchants and workers. The measure formalizes a state capacity to tax and regulate platform labor, while its fairness claims sit...

A unified process lets entities seek removal of eligible public credit records after fulfilling obligations, through a national portal and local service windows. This can reduce the long-term...

A 2025-2027 plan asks public agencies and enterprises to hire disabled people and expands self-employment, flexible work, and employment services. It recognizes exclusion from labor markets as a...

China approved replication of 77 pilot measures in digital trade, services, procurement, IP, cross-border finance, and data governance. This is a state-managed form of opening: selectively adopting...

Measures include expanded employment-stabilization loans, subsidies for eligible small firms hiring priority groups, work-relief programs, training, and public employment services. They address...