潮涌浙江 向“新”向未来

Core Viewpoint - The private economy is a vital force in promoting China's modernization and high-quality development, with the implementation of the Private Economy Promotion Law marking a significant step in supporting this sector [1][2]. Group 1: Legal Framework and Judicial Support - The Private Economy Promotion Law, effective from May 20, 2025, is China's first foundational law specifically aimed at the development of the private economy, reflecting the government's commitment to invigorating this sector [1]. - Zhejiang Province's courts are actively integrating legal frameworks into the private economy, aiming to create a judicial environment that supports high-quality development [2][5]. - The Zhejiang High Court is focused on establishing itself as a benchmark for judicial protection of the private economy, emphasizing the importance of knowledge property rights and bankruptcy procedures [2][6]. Group 2: Industry Dynamics and Challenges - The textile industry in Shaoxing, particularly in the Keqiao District, is a significant contributor to China's textile production, showcasing a vibrant economic landscape [3]. - The prevalence of workshop contracting in the dyeing and printing industry has led to various disputes, highlighting the need for clearer definitions of rights and obligations in multi-party agreements [4][5]. - In 2024, Zhejiang courts resolved 328,000 cases related to enterprise disputes, employing various methods to address issues faced by businesses [5]. Group 3: Innovation and Intellectual Property - The demand for judicial protection in technology and innovation sectors is increasing, with companies seeking more guidance on patent and trademark protections [7][8]. - In 2024, Zhejiang courts received 862 new intellectual property criminal cases, indicating a growing focus on protecting innovation and addressing IP crimes [8][9]. - The establishment of specialized courts for data and AI-related cases reflects the evolving landscape of intellectual property rights in the digital age [9][10]. Group 4: Bankruptcy and Market Vitality - Zhejiang courts have implemented measures to enhance the efficiency of bankruptcy proceedings, balancing the need for corporate rescue with the expeditious exit of non-viable businesses [12][13]. - In 2024, the courts concluded 5,109 bankruptcy cases, resolving significant financial liabilities and facilitating the reallocation of resources [14]. - The introduction of a class personal bankruptcy mechanism aims to provide second chances for entrepreneurs, fostering a more dynamic business environment [13][14].