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 dynamics and address prominent issues in the current legal framework [3][5]. Group 1: Legislative Changes - 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 [5]. - The draft consists of 16 chapters and 216 articles, with substantial additions and modifications exceeding 160 articles compared to the existing law [5]. Group 2: Reform Objectives - The amendment seeks to follow market rules, focus on outstanding issues, and steadily advance reforms while enhancing legal coordination [3][5].
新华社权威快报丨我国拟修订企业破产法 补齐市场退出机制短板
Xin Hua Wang·2025-09-08 02:40