Core Viewpoint - The draft amendment to the Enterprise Bankruptcy Law has been submitted for review, aiming to comprehensively revise the existing law to better align with market practices and address prominent issues in the current legal framework [3][4]. Summary by Sections Legislative Context - The current Enterprise Bankruptcy Law, in effect since 2007, has played a significant role in facilitating the orderly exit of business entities, promoting fair competition, and optimizing resource allocation. However, it has become outdated and requires urgent amendments [4]. Draft Details - The draft consists of 16 chapters and 216 articles, with substantial modifications and additions exceeding 160 articles compared to the existing law, indicating a thorough overhaul of the current legal structure [4].
我国拟修订企业破产法 补齐市场退出机制短板
Xin Hua She·2025-09-08 02:33