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Private Sector Law Sparks Innovation on Chinese Mainland

On May 20, 2025, a new era dawned for private enterprises on the Chinese mainland as the long-awaited Private Sector Promotion Law officially came into effect. This transformative law is set to drive business growth, fuel tech innovation, and reshape global market dynamics.

In an engaging episode of "Ground Breakers," CGTN's Xu Xinchen sat down with international experts and top CEOs to break down what this law means for entrepreneurs and investors alike. Their insights highlighted the law’s potential to create a more dynamic market environment, empowering both startups and established firms to innovate and thrive. 🚀

As these changes ripple through industries, the buzz among young professionals and curious minds is palpable. Stay tuned for more updates as this groundbreaking legislation paves the way for exciting new opportunities on the Chinese mainland!

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