This morning, the Information Office of the State Council held a press conference. Relevant officials from five departments, including the Ministry of Justice and the Legal Affairs Committee of the Standing Committee of the National People's Congress, introduced the relevant situation of the “Private Economy Promotion Law” which was just reviewed and passed on April 30 this year, and answered questions from reporters. This press conference received a lot of attention. Judging from the content of the press conference, what significance does it have in promoting China's private economic development? Wu Sa, deputy director of the Economic Research Institute of the Macroeconomic Research Institute of the National Development and Reform Commission, said that the introduction of the “Private Economy Promotion Law” highlights the clear position and firm determination of the Party and the state to promote the growth of private economic development, provides solid legal guarantees for the high-quality development of the private economy, and gathers confidence, consensus and strength, which is very exciting.

This morning, the Information Office of the State Council held a press conference. Relevant officials from five departments, including the Ministry of Justice and the Legal Affairs Committee of the Standing Committee of the National People's Congress, introduced the relevant situation of the “Private Economy Promotion Law” which was just reviewed and passed on April 30 this year, and answered questions from reporters. This press conference received a lot of attention. Judging from the content of the press conference, what significance does it have in promoting China's private economic development? Wu Sa, deputy director of the Economic Research Institute of the Macroeconomic Research Institute of the National Development and Reform Commission, said that the introduction of the “Private Economy Promotion Law” highlights the clear position and firm determination of the Party and the state to promote the growth of private economic development, provides solid legal guarantees for the high-quality development of the private economy, and gathers confidence, consensus and strength, which is very exciting.