In a major move to support economic growth, China's Supreme People's Court announced plans to strengthen legal safeguards for private enterprises and entrepreneurs. 🌟 The focus? Protecting property rights, preventing unfair legal interference, and fostering innovation-friendly environments—especially for small and medium businesses. 🚀
The court pledged to minimize disruptions caused by lawsuits, combat power abuse, and ensure fair judicial practices. 💡 Data shows commercial case settlements dropped 13.5% this year, signaling a shift toward smoother business operations. 📉
This aligns with broader reforms by the Communist Party of China’s Central Committee, which aims to deepen economic modernization while securing equal protections for all businesses. 🏛️ Experts say the move could boost investor confidence and tech innovation across industries. 🔥
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China vows to strengthen law-based protection for private enterprises
cgtn.com