Workflow
民营经济促进法今起施行,创下很多个“第一次”
第一财经·2025-05-20 02:49

Core Viewpoint - The implementation of the "Private Economy Promotion Law" marks a milestone in the development of China's private economy, aiming to create a favorable environment for private enterprises and ensure fair competition in the market [1][2]. Summary by Sections Legal Framework - The law consists of 9 chapters and 78 articles, focusing on fair competition, investment promotion, technological innovation, and protection of rights [1]. - It is the first law specifically addressing the legal status of the private economy, emphasizing the long-term commitment to promoting its sustainable and high-quality development [2]. Financial Support - The law includes provisions for financial institutions to develop market-oriented financial products tailored to the characteristics of private enterprises, enhancing credit supply and aligning loan terms with the financing needs of these organizations [2][3]. Technological Innovation - It supports capable private enterprises in leading national key technology projects and provides access to major national research facilities, promoting technological innovation and collaboration [3][4]. Rights Protection - The law emphasizes the protection of personal rights, property rights, and operational autonomy of private enterprises, addressing issues such as arbitrary fees and inspections by local authorities [4]. Implementation and Coordination - A national coordination mechanism will be established to ensure the effective implementation of the law, with relevant departments tasked with developing supporting regulations to facilitate its enforcement [5].