Economic Daily Jin Guanping: The key to safeguarding the private economy lies in implementing the rule of law.

On May 20th, the Private Economic Promotion Law officially came into effect. This is the first fundamental law in China specifically focusing on the development of private economy. The implementation of this law fully demonstrates the firm determination of the Party and the state to promote the development of private economy, and enhances the certainty of the development of private enterprises through the stability of the rule of law. The vitality of the law lies in its implementation. It is a key focus to solidly implement the Private Economic Promotion Law in order to continuously promote the sustainable, healthy, and high-quality development of the private economy.