Chinese draft law seen as key to boost private sector

From china.org.cn

China's long-awaited legislation on promoting the private economy made decisive progress on Thursday as authorities started soliciting public opinions on a draft law, marking a major step forward in reinvigorating a sector key to the growth of the nation, experts said. They said the move reflects the government's emphasis on and support for the private economy, which will not only provide legal protection for private enterprises, but also clarify the government's responsibilities in promoting the healthy development of the private sector. The draft law, jointly released by the Ministry of Justice and the National ... (full story)