Co-founder, Alibaba and Ant Group
Appears in 1 story
Rehabilitated public figure after years out of view
China's private firms account for about 60% of its economic output and most of its urban jobs. In April 2025, they got their first dedicated legal protection. The Private Economy Promotion Law, passed by the National People's Congress Standing Committee, took effect May 20, 2025.
Updated Jul 29
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