China to advance formulation of State-owned assets law

Xinhua Updated: 2026-03-09

BEIJING -- China will advance the formulation of a State-owned assets law, as part of efforts to develop a high-standard socialist market economy, according to a report.

The work report of the National People's Congress (NPC) Standing Committee was submitted on Monday to the ongoing fourth session of the 14th NPC for deliberation. 


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