壹快评丨期待民营经济促进法充分发挥基础性作用

Core Points - The newly passed Private Economy Promotion Law is significant as it is the first foundational law aimed at promoting the healthy development of the private economy in China, set to take effect on May 20 this year [1][2] - The law consists of 9 chapters and 78 articles, focusing on fair competition, investment financing, technological innovation, and the protection of rights and interests of private enterprises [1][2] Group 1 - The law aims to optimize the development environment for private enterprises, ensuring fair market participation and promoting the growth of private economic entities [1][2] - It incorporates principles that emphasize the importance of both public and non-public ownership, marking a shift in legal recognition of private economic contributions [2] - The law includes specific measures to support investment and technological innovation, addressing key challenges faced by private enterprises [2] Group 2 - The law establishes a fair competition review mechanism and a negative list system to ensure that private enterprises can compete on equal footing with state-owned enterprises [2] - It outlines clear guidelines for the protection of rights, including the differentiation between economic disputes and crimes, and mandates timely payment of debts owed to private enterprises by state entities [2] - The implementation of the law will require coordinated efforts to develop supporting regulations and ensure effective enforcement, highlighting the need for a comprehensive legal framework [3]