Zhang Yichuan

4 days ago | caixinglobal.com | Zhang Yichuan |Han Wei

Explore the story in 3 minutesChina is advancing its first Private Economy Promotion Law to revitalize its critical private sector amid economic challenges [para. 1]. This law, which has undergone rapid development since drafting began in 2023, aims to enforce fair competition and legal protections for private businesses while addressing systemic obstacles such as inconsistent policies and unequal resource access [para. 2][para. 3].

4 days ago | caixinglobal.com | Zhang Yichuan |Han Wei

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x China is fast-tracking a landmark law to bolster its vital private sector, as top leaders acknowledge the urgent need to restore business confidence amid mounting economic headwinds. The Private Economy Promotion Law, China’s first authoritative law on the private economy, is to receive a crucial third legislative review this month — potentially paving the way for its passage.

1 month ago | caixinglobal.com | Zhang Yichuan |Kelly Wang

China’s central government is ramping up efforts to crack down on profit-driven law enforcement, rolling out measures to curb abuses and to improve the business climate. Amid sluggish economic growth in recent years, some local governments have turned law enforcement into a profit-making scheme to bolster their budgets.

1 month ago | caixinglobal.com | Zhang Yichuan |Kelly Wang

China’s central government is ramping up efforts to crack down on profit-driven law enforcement, rolling out measures to curb abuses and to improve the business climate. Amid sluggish economic growth in recent years, some local governments have turned law enforcement into a profit-making scheme to bolster their budgets.

1 month ago | caixinglobal.com | Zhang Yichuan |Kelly Wang

00:00/00:00 您的浏览器不支持 audio 标签。 Listen to this article 1x A former director of Guizhou province’s Big Data Development Administration, has been placed under investigation by local graft busters, becoming the second head of the agency to fall under a corruption probe in less than seven months.