Hey friends! 😊 Have you heard the big news from China? 🗞️ They’re making new laws to help private businesses grow and succeed! 🎉
So, what’s going on? China is working on new rules called the Private Sector Promotion Law. Think of it like a big helping hand 🖐️ for all the private companies in the country! These companies are super important because they provide lots of jobs and make cool stuff we use every day.
Between 2012 and 2023, the number of private businesses in China grew a lot! 📈 They went from 79% to over 92% of all companies in the country. That’s over 53 million private companies! 😮 And guess what? They created nearly 300 million jobs! That’s like giving a job to almost everyone in the United States! 🇺🇸
Important people like Mr. Wang Xiang, who helps make laws in China, say that these new rules will make it easier for private businesses to do even better. It will help the country’s economy grow and help people find good jobs.
An expert named Mr. Bi Jiyao says it’s important to make sure private companies have a great place to work. That means no unfair rules or extra charges. By doing this, private businesses can keep helping the country and the people! ❤️
Isn’t it exciting to see how countries support their businesses and people? Maybe one day you’ll have your own business too! 🛍️🚀
Reference(s):
China moves to strengthen legal protection for private enterprises
cgtn.com
