Group 1 - The core viewpoint of the news is the enactment of the "Private Economy Promotion Law" in China, which aims to support and regulate the development of the private economy, emphasizing the importance of the rule of law in a socialist market economy [1][2] - The law consists of 9 chapters and 78 articles, outlining specific regulations on fair competition, investment promotion, technological innovation, and protection of rights, which are essential for the healthy development of the private economy [1][2] - The private economy has significantly contributed to China's economic landscape, accounting for over 50% of tax revenue, over 60% of GDP, and over 70% of technological innovations, as well as 90% of urban job creation and enterprise numbers [1][2] Group 2 - The establishment of the "Private Economy Promotion Law" is a key initiative from the 20th Central Committee's third plenary session, aimed at solidifying reform achievements and enhancing development confidence amidst external challenges like unilateralism and trade protectionism [2][3] - The law promotes a unified market access negative list system and supports private economic organizations in obtaining direct financing through stock and bond issuance, which will improve the business environment for private enterprises [3] - Measures such as establishing a credit repair system and prohibiting illegal administrative or criminal interference in economic disputes are included to ensure fair market competition and foster the growth of private economic entities [3]
良法善治促民企拔节生长
Jing Ji Ri Bao·2025-05-14 22:06