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What's driving the deepening China-Russia relationship?

World Today

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Empowering China's Private Sector

This chapter explores a new fundamental law in China aimed at enhancing the role of private enterprises within the socialist market economy. It emphasizes the government's commitment to fostering innovation and providing equitable support to private companies amidst global economic challenges. The discussion highlights the balance between necessary regulations and the promotion of investment in strategic industries crucial for technological advancement.

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