China is doubling down on legal reforms to supercharge its business environment this year, aiming to tackle market barriers and fuel economic growth. Justice Minister He Rong announced the plan Thursday, revealing that over 60,000 legal cases were reviewed nationwide in 2025 to protect businesses – slashing corporate losses by nearly 30 billion yuan ($4.37B). 💼📉➡️🚀
What’s Next in 2026?
This year’s focus? Crushing local protectionism, tearing down unfair market entry barriers, and stopping cutthroat competition (aka 'market involution'). The goal: create a unified national market that’s as smooth as your favorite streaming app. 📲✨
"We’re building a rule-of-law backbone for businesses – domestic and overseas," said Minister He during the National People’s Congress wrap-up.
Young entrepreneurs and global investors, take note: these changes could reshape how innovation thrives in Asia’s largest economy. 🌏💡
Reference(s):
China to step up legal efforts to further improve business environment
cgtn.com
