New Economic Law to Empower Private Firms
Meanwhile, reforms will focus on improving the low-altitude flight safety supervision system + more.
It’s easy to tune out when a report starts with legal jargon—but stick with it. This one’s really about safety, black flights, and aviation accidents.
Let’s get into it.
China’s National Development and Reform Commission (NDRC) has introduced the Private Economy Promotion Law to provide a comprehensive legal framework that supports the development, innovation, and fair participation of private enterprises in the national economy.