The National Development and Reform Commission, in conjunction with relevant departments, held a face-to-face event on the "Promotion of Private Economy Law."

On May 20th, the Law of the People's Republic of China on the Promotion of Private Economy came into effect. The National Development and Reform Commission, together with the Ministry of Science and Technology, the Ministry of Justice, the State Administration for Market Regulation, the China Banking and Insurance Regulatory Commission, and the All-China Federation of Industry and Commerce, held a face-to-face event on the implementation of the Law on the Promotion of Private Economy. Representatives from 29 private enterprises and individual businesses from all over the country participated in face-to-face exchanges.