Tag #Private Sector

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german.china.org.cn

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May 29, 10:13

China Unveils Guideline to Modernize Corporate System, Boosting Innovation

The Chinese government released a guideline on Monday to modernize its corporate system, aiming to boost innovation and competitiveness by fostering collaboration between large corporations and SMEs, especially in light of a new privatization law.

China Unveils Guideline to Modernize Corporate System, Boosting Innovation

The Chinese government released a guideline on Monday to modernize its corporate system, aiming to boost innovation and competitiveness by fostering collaboration between large corporations and SMEs, especially in light of a new privatization law.

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Industry, Innovation, and Infrastructure

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What are the key goals and immediate impacts of the new Chinese government guideline on corporate system modernization?

The Chinese government issued a guideline to modernize the corporate system, aiming to boost innovation and competitiveness. This follows a privatization law passed in late April and aims to create a more attractive environment for private companies, which contribute over 60% to China's GDP. The guideline emphasizes creating a networked innovation ecosystem, encouraging collaboration between large corporations and SMEs.

kathimerini.gr

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May 20, 13:15

Greek Public Pensions 60% Higher Than Private Sector Pensions

In March 2024, Greece's EFKA paid €2.72 billion in pensions; new public sector pensions averaged €1,216.92 monthly, almost 60% higher than private sector pensions (€765.98). 15% of pensioners receive less than €500 monthly.

Greek Public Pensions 60% Higher Than Private Sector Pensions

In March 2024, Greece's EFKA paid €2.72 billion in pensions; new public sector pensions averaged €1,216.92 monthly, almost 60% higher than private sector pensions (€765.98). 15% of pensioners receive less than €500 monthly.

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No Poverty

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How did the Greek debt crisis and subsequent high unemployment affect the average pension amounts in both the public and private sectors?

The significant disparity between public and private sector pensions in Greece highlights the stark contrast in employment security and income stability during economic crises. Data from March shows that while both sectors experienced income reductions, the continued employment in the public sector preserved a larger portion of pension benefits. The average increase in main pensions year-on-year was €22.71, reaching €841.39 in March.

africa.chinadaily.com.cn

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May 9, 04:15

China Enacts Law to Bolster Private Sector, Addressing Longstanding Challenges

China's new private sector promotion law, effective May 20, provides legal protection for private enterprises, addressing issues like financing access and regulatory uncertainty; it aims to boost innovation and economic growth while reassuring international investors.

China Enacts Law to Bolster Private Sector, Addressing Longstanding Challenges

China's new private sector promotion law, effective May 20, provides legal protection for private enterprises, addressing issues like financing access and regulatory uncertainty; it aims to boost innovation and economic growth while reassuring international investors.

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Decent Work and Economic Growth

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What are the immediate impacts of China's new private sector promotion law on its economy and global standing?

China's new private sector promotion law, effective May 20, offers legal protections for private enterprises, addressing longstanding challenges like unequal access to financing and regulatory uncertainty. This law codifies principles of fair competition and property rights, impacting over 50 percent of tax revenue and 60 percent of GDP.

europe.chinadaily.com.cn

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May 9, 04:15

China Enacts Law to Bolster Private Sector, Addressing Longstanding Challenges

China's new private sector promotion law, effective May 20, aims to bolster the private sector's contribution (over 50% of tax revenue, 60% of GDP, 80% of urban jobs) by legally protecting property rights and promoting fair competition, addressing longstanding challenges and boosting domestic and in...

China Enacts Law to Bolster Private Sector, Addressing Longstanding Challenges

China's new private sector promotion law, effective May 20, aims to bolster the private sector's contribution (over 50% of tax revenue, 60% of GDP, 80% of urban jobs) by legally protecting property rights and promoting fair competition, addressing longstanding challenges and boosting domestic and in...

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Decent Work and Economic Growth

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What are the potential long-term implications of this law for China's economic growth, innovation, and its role in the global economy?

The law's impact will be significant, potentially unleashing innovation in tech and green industries. Its success in balancing state guidance with market forces will be a key test for China's economic model and will influence global investor confidence in its market-oriented reforms.

zeit.de

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Apr 30, 10:11

China Passes Law to Boost Private Sector Amid US Trade Tensions

China enacted a new law on May 20th to promote its private sector, aiming to create a fairer business environment and stimulate economic growth, addressing concerns stemming from trade disputes with the US and a weakening domestic economy.

China Passes Law to Boost Private Sector Amid US Trade Tensions

China enacted a new law on May 20th to promote its private sector, aiming to create a fairer business environment and stimulate economic growth, addressing concerns stemming from trade disputes with the US and a weakening domestic economy.

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Decent Work and Economic Growth

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What specific measures does China's new law include to level the playing field between private and state-owned enterprises, and what is the immediate projected impact on private investment?

To boost its struggling private sector amid trade disputes with the US, China passed a new law aimed at ensuring fairer competition and easier market access for private firms. The 78-article law, effective May 20th, intends to address long-standing complaints from domestic and foreign businesses about unfair practices in public tenders.

china.org.cn

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Apr 23, 04:12

China's Private Sector Shows Robust Growth in Q1 2024

By March 2024, over 57 million private enterprises in China accounted for 92.3 percent of all businesses; 1.979 million new private companies were established in Q1 2024, exceeding the three-year average growth rate, driven by government support and a focus on technology and digital transformation.

China's Private Sector Shows Robust Growth in Q1 2024

By March 2024, over 57 million private enterprises in China accounted for 92.3 percent of all businesses; 1.979 million new private companies were established in Q1 2024, exceeding the three-year average growth rate, driven by government support and a focus on technology and digital transformation.

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Decent Work and Economic Growth

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What is the extent of private enterprise growth in China and its immediate economic impact?

By March 2024, over 57 million private enterprises operated in China, comprising 92.3 percent of all businesses. In the first quarter, 1.979 million new private companies were established—a 7.1 percent increase year-on-year, exceeding the three-year average growth rate. This expansion highlights the private sector's robust growth and contribution to China's economy.

china.org.cn

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May 21, 04:11

China's New Law Bolsters Private Sector, Promoting Innovation and Growth

China's new Private Sector Promotion Law, effective May 8, 2025, strengthens legal protections for the private sector, which contributes over 60% of the country's GDP, addressing challenges like trade barriers and weak domestic demand to promote innovation and high-quality development.

China's New Law Bolsters Private Sector, Promoting Innovation and Growth

China's new Private Sector Promotion Law, effective May 8, 2025, strengthens legal protections for the private sector, which contributes over 60% of the country's GDP, addressing challenges like trade barriers and weak domestic demand to promote innovation and high-quality development.

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Decent Work and Economic Growth

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What are the immediate impacts of China's new Private Sector Promotion Law on the private sector and the national economy?

China's new Private Sector Promotion Law, effective May 8, 2025, provides legal protections and boosts the private sector, which contributes over 60% of China's GDP. The law ensures fair market competition and promotes innovation, addressing concerns of private entrepreneurs.

africa.chinadaily.com.cn

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May 16, 07:13

China's Business Sector Shows Strong Growth Amidst Government Reforms

China's business sector experienced significant growth in the first quarter of 2024, driven by government policies that streamlined administrative processes and fostered a supportive environment for private enterprises, resulting in increased registrations and investments.

China's Business Sector Shows Strong Growth Amidst Government Reforms

China's business sector experienced significant growth in the first quarter of 2024, driven by government policies that streamlined administrative processes and fostered a supportive environment for private enterprises, resulting in increased registrations and investments.

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Decent Work and Economic Growth

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How have government policies and digital reforms contributed to the improved business environment in China?

The improved business climate is a result of government policies aimed at supporting the private economy. These include measures in finance, investment, trade, talent, and innovation, implemented at both national and local levels. The impact is seen in increased registrations, investment, and a higher Small and Medium Enterprises Development Index, reaching its highest point since 2020.

usa.chinadaily.com.cn

🌐 85% Global Worthiness

May 9, 04:15

China Enacts Law to Boost Private Sector, Addressing Longstanding Challenges

China's new private sector promotion law, effective May 20, provides legal safeguards for private enterprises, addressing issues like unequal access to financing and regulatory uncertainties; this aims to boost economic growth and innovation.

China Enacts Law to Boost Private Sector, Addressing Longstanding Challenges

China's new private sector promotion law, effective May 20, provides legal safeguards for private enterprises, addressing issues like unequal access to financing and regulatory uncertainties; this aims to boost economic growth and innovation.

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Decent Work and Economic Growth

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What are the immediate, specific impacts of China's new private sector promotion law on its economy and global standing?

China's new private sector promotion law, effective May 20, offers legal protection and addresses longstanding challenges faced by the private economy, which contributes over 50 percent of tax revenue, more than 60 percent of GDP, and the vast majority of technological innovation and urban employment.

china.org.cn

🌐 85% Global Worthiness

May 8, 13:20

China's New Law to Boost Private Sector Development

China's new Private Sector Promotion Law, effective May 20, 2025, aims to boost private sector development by ensuring fair market access and equal resource allocation, with the government launching 3 trillion yuan worth of projects this year to promote private investment.

China's New Law to Boost Private Sector Development

China's new Private Sector Promotion Law, effective May 20, 2025, aims to boost private sector development by ensuring fair market access and equal resource allocation, with the government launching 3 trillion yuan worth of projects this year to promote private investment.

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Decent Work and Economic Growth

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How does the law address the issue of fair competition and equal access to resources for private businesses in China?

The law addresses concerns over uneven playing fields by legally mandating equal access to resources for private enterprises. This is coupled with a push for increased private sector participation in large-scale projects, as evidenced by the 20 percent private stake in some nuclear power projects and the 80 percent plus private investment in industrial equipment renewal. The government aims to increase private sector participation in infrastructure projects worth approximately 3 trillion yuan.

foxnews.com

🌐 85% Global Worthiness

Apr 27, 22:12

Trump Eliminates Federal DEI Programs, Sparking Private Sector Rollbacks

President Trump issued multiple executive orders eliminating all DEI programs across the federal government, resulting in significant cost savings and widespread private sector cancellations of similar programs; the move also reversed Biden-era policies and hiring practices.

Trump Eliminates Federal DEI Programs, Sparking Private Sector Rollbacks

President Trump issued multiple executive orders eliminating all DEI programs across the federal government, resulting in significant cost savings and widespread private sector cancellations of similar programs; the move also reversed Biden-era policies and hiring practices.

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Gender Equality

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How did President Trump's executive orders on DEI impact hiring practices in the federal government and the private sector?

Trump's actions directly targeted DEI initiatives, reversing previous policies and halting funding for related programs. This resulted in both immediate cost savings and broader shifts in hiring and workplace practices across multiple sectors, reflecting a change in national policy and priorities.

chinadaily.com.cn

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Apr 23, 04:13

China's Q1 2025 Trade: Private Sector Drives Growth, Diversification

In Q1 2025, China's total import and export value reached $1.41 trillion (up 1.3 percent), with exports increasing 6.9 percent to $818 billion, driven by private enterprises' growth (5.8 percent) and expansion into new markets like the West, utilizing new trade corridors and digital platforms.

China's Q1 2025 Trade: Private Sector Drives Growth, Diversification

In Q1 2025, China's total import and export value reached $1.41 trillion (up 1.3 percent), with exports increasing 6.9 percent to $818 billion, driven by private enterprises' growth (5.8 percent) and expansion into new markets like the West, utilizing new trade corridors and digital platforms.

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Decent Work and Economic Growth

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What are the long-term implications of China's evolving trade patterns for its regional development and global economic standing?

China's central and western regions are gaining momentum in foreign trade due to new trade corridors and digital trade, overcoming previous distance disadvantages. This, coupled with the innovation and agility of private enterprises, positions China for sustained growth in global trade, particularly in high-tech sectors and emerging markets.

Showing 13 to 24 of 80 results