Chinese authorities have pledged to introduce measures to implement the country's groundbreaking Private Sector Promotion Law, which takes effect on May 20. During an interview with China News Network, Chairman of the Kuhn Foundation Robert Lawrence Kuhn noted that the private economy is essential for China to continue its Chinese modernization and the great rejuvenation of the Chinese nation.

Kuhn further added that China’s guidance from the top and consistency in policies will win investors’ long-term confidence. Then there's a whole series of policy initiatives, including upgrading the market access negative list, building a fair competition environment, and providing financial support. (Chen Tianhao)