Core Points - The newly passed Private Economy Promotion Law is significant as it is the first foundational law aimed at promoting the healthy development of the private economy in China, set to take effect on May 20 this year [1][2] - The law consists of 9 chapters and 78 articles, focusing on fair competition, investment financing, technological innovation, and the protection of rights and interests of private enterprises [1][2] Group 1 - The law aims to optimize the development environment for private enterprises, ensuring fair market participation and promoting the growth of private economic entities [1][2] - It incorporates principles that emphasize the importance of both public and non-public ownership, marking a shift in legal recognition of private economic contributions [2] - The law includes specific measures to support investment and technological innovation, addressing key challenges faced by private enterprises [2] Group 2 - The law establishes a fair competition review mechanism and a negative list system to ensure that private enterprises can compete on equal footing with state-owned enterprises [2] - It outlines clear guidelines for the protection of rights, including the differentiation between economic disputes and crimes, and mandates timely payment of debts owed to private enterprises by state entities [2] - The implementation of the law will require coordinated efforts to develop supporting regulations and ensure effective enforcement, highlighting the need for a comprehensive legal framework [3]

Core Points - The "Private Economy Promotion Law" is the first foundational law specifically aimed at the development of the private economy in China, set to take effect on May 20, 2025, and includes multiple chapters on fair competition, investment financing promotion, service guarantees, and rights protection [2][3] - The law reflects the government's commitment to fostering a favorable environment for the private economy and is a legal embodiment of various reforms and policies aimed at enhancing the private sector's role in the economy [2][3] - The law emphasizes the principle of equal treatment in the market economy, ensuring that private economic organizations have equal legal status, market opportunities, and development rights compared to other economic entities [3][4] Fair Competition and Investment Promotion - The law includes specific provisions for fair competition and investment financing, aiming to address issues such as market entry barriers and the exclusion of private economic organizations [3][4] - It establishes a framework for regular reviews of market access barriers and prohibits practices that restrict or exclude private enterprises [3] Rights Protection - The law outlines clear regulations regarding the protection of rights, including the lawful execution of measures that restrict personal freedom and the prohibition of illegal interventions in economic disputes [4][5] - Recent procedural refinements by various legal departments, including the Supreme Court and the Ministry of Public Security, are expected to facilitate the implementation of the law [5] Legal Framework and Implementation - The law serves as a reminder of the importance of legal frameworks in regulating public power and ensuring equal treatment for private enterprises within the legal order [4][5] - Effective implementation of the law requires systemic support and the establishment of clear responsibilities and constraints on enforcement powers [5]

加强对民营企业和企业家各项权益的保护充分鼓励其信心和挖掘发展潜力。 随着民营经济促进法（草案）（下称"草案"）提交全国人大常委会三审，这部法律草案已经进入最后审 议阶段。党和国家及社会各界都对我国首部促进民营经济发展的基础性法律寄予厚望。 根据国家发改委党组4月25日在人民日报上发表的文章，2024年我国登记注册的民营企业数量达到 5650.4万户，占企业总量的92.3%，对进出口和税收的贡献达到五成以上，对城镇就业的贡献达到八成 以上。同时，我国拥有一大批坚韧不拔、勤奋工作、富有创造力的企业家和产业工人，是促进民营经济 高质量发展的坚实力量。 4月27日召开的十四届全国人大常委会第十五次会议第一次全体会议，听取了全国人大宪法和法律委员 会主任委员信春鹰作的关于草案审议结果的报告。草案三审稿进一步充实支持民营经济发展相关举措， 进一步规范执法行为，加强劳动者合法权益保护，优化民营经济健康发展、高质量发展的法治环境。 此前提交全国人大常委会审议的草案二审稿中，根据反馈的多方意见，增加了不得实施没有法律、法规 依据的罚款，不得向民营经济组织摊派财物等内容。同时，草案二审稿还增加规定，国务院和县级以上 地方人民政府 ...