China Economic Roundtable: Promulgation of private sector promotion law timely is significant, says official

Chinese lawmakers voted to adopt the private sector promotion law after a draft version was submitted for the third review at the 15th session of the Standing Committee of the 14th NPC that concluded today. – Xinhua photo

BEIJING: The promulgation of China's private sector promotion law is timely and of great significance, says Yang Heqing, head of the economic law department of the Legislative Affairs Commission of the National People's Congress (NPC) Standing Committee.

Chinese lawmakers voted to adopt the private sector promotion law after a draft version was submitted for the third review at the 15th session of the Standing Committee of the 14th NPC that concluded on Wednesday (April 30).