Exploring the significant evolution of corporate law in China, with a focus on the landmark 2023 Corporate Law amendment, set against the backdrop of the nation's expanding role in global commerce. Analyzing the implications of these legal reforms on corporate governance and transparency, particularly for multinational corporations operating within China, the world's second-largest economy. Building on the foundational reforms of 2014, which marked a shift towards international standards and economic modernization, the 2023 amendment is examined as a continuation and enhancement of these earlier changes. By utilizing case study and normative analysis methods, this analysis systematically explores the enhancements made to the registered capital subscription system, improvements in the corporate governance structure, and the introduction of stronger mechanisms for worker democratic management resulting from the 2023 reforms. These amendments are a response to the growing demand for legal frameworks that are more aligned with international market requirements. Aiming to improve legal flexibility, protect shareholder rights, and enhance the quality of information disclosure. The conclusion of the research emphasizes how the 2023 amendments have reinforced the effectiveness of the 2014 reforms and contributed to creating a strong legal environment that supports sustainable growth and global competitiveness for Chinese corporations.