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China's Market Regulator Unveils 34-Point Plan to Bolster Private Sector

China's State Administration for Market Regulation released its 2026 agenda Sunday, outlining 34 priorities aimed at strengthening private sector development. The initiative emphasizes fair competition frameworks, enhanced legal safeguards for businesses, and streamlined regulatory processes. Officials said the plan seeks to dismantle market obstacles, establish a cohesive national marketplace, and eliminate predatory competitive practices. The regulator's approach signals intent to create a more predictable operating environment for private enterprises while maintaining oversight standards.