Core Points - The National People's Congress has passed the "Private Economy Promotion Law," effective from May 20, 2025, aimed at providing legal support for the high-quality development of the private economy [1] Group 1: Support for Private Enterprises - The law encourages private enterprises to participate in major national projects and strategic emerging industries, enhancing their role in technological innovation and modern industrial systems [2][3] - The National Development and Reform Commission (NDRC) is establishing a long-term mechanism for private enterprises to engage in significant project construction, with private capital already accounting for 20% in some nuclear power projects [2] - A total investment of approximately 3 trillion yuan is planned for key areas such as transportation, energy, and urban infrastructure this year [2] Group 2: Financial Support and Innovation - The Financial Regulatory Administration is improving financial service models for technology and innovation, with 74 private equity funds established to support tech enterprises [4] - By the end of Q1 this year, loans to high-tech enterprises reached 17.7 trillion yuan, reflecting a 20% year-on-year increase [4] - Measures have been introduced to support small and micro private enterprises in foreign trade, with export credit insurance exceeding 240 billion USD in Q1 [5]

Core Points - The implementation of the "Private Economy Promotion Law" on May 20 marks a significant milestone in the development of the private economy in China, establishing a legal framework to support and protect private enterprises [7][8] - The law includes 9 chapters and 78 articles focusing on fair competition, investment financing promotion, technological innovation, operational regulation, service guarantees, and rights protection [7][8] Group 1: Supporting Mechanisms - A series of supporting institutional mechanisms are being accelerated, covering investment financing promotion, technological innovation, service guarantees, and rights protection [2][11] - The National Development and Reform Commission (NDRC) is enhancing mechanisms for private enterprises to participate in major national projects [3][12] - The government plans to launch high-quality projects in key areas such as transportation, energy, water conservancy, and new infrastructure, with a total investment scale of approximately 3 trillion yuan [4][12] Group 2: Administrative Oversight - The Ministry of Justice is working to establish a complaint and reporting mechanism for illegal administrative enforcement actions, aiming to address issues like arbitrary fees and inspections [5][9] - The Ministry will also enhance the supervision of administrative enforcement behaviors and ensure that violations are addressed effectively [6][10] Group 3: Financial Support for Private Enterprises - Over the past five years, the average growth rate of loans to private enterprises has exceeded that of other loans by 1.1 percentage points, with a loan balance of 76.07 trillion yuan as of Q1 2025 [14] - The financial regulatory authority is focusing on tailored financial services for key sectors and is promoting the integration of investment and financing [15][19] - Initiatives include the establishment of private equity investment funds and support for technology enterprises through specialized loan programs [18][19]

Core Viewpoint - The National Financial Supervision Administration is implementing targeted measures to support private enterprises at various stages of development, focusing on optimizing credit supply policies and enhancing the implementation of the Private Economy Promotion Law [1] Group 1: Credit Supply Policies - The administration has developed a series of differentiated regulatory policies specifically for small and micro enterprises, which constitute the majority of private enterprises [1] - In terms of capital regulation, the risk capital weight for loans to small and micro enterprises has been discounted to 85% to 75% [1] - The tolerance for non-performing loans for inclusive small and micro enterprise loans has been relaxed to not exceed 3 percentage points above the overall loan non-performing rate, aimed at increasing banks' willingness to lend [1]

Core Viewpoint - The press conference held by the State Council Information Office emphasized the implementation of the Private Economy Promotion Law, focusing on enhancing administrative law enforcement mechanisms to protect the rights and interests of private enterprises [1] Group 1: Administrative Law Enforcement Mechanisms - The Ministry of Justice will strictly implement legal requirements to establish a complaint and reporting mechanism for illegal administrative law enforcement [1] - Local governments are urged to set up systems for timely handling and legal processing of complaints related to administrative law enforcement affecting enterprises [1] - An administrative law enforcement supervision contact point will be established to gather feedback from various business entities, including private enterprises, regarding improper law enforcement actions [1] Group 2: Supervision and Collaboration - The introduction of an administrative law enforcement supervisor system will involve various stakeholders, including representatives from the National People's Congress, political advisors, and legal experts [1] - A cooperation mechanism for information sharing between administrative law enforcement supervision and public service hotlines will be established to improve law enforcement practices [1] - Authorities are encouraged to develop cross-regional law enforcement assistance systems to curb profit-driven law enforcement practices and protect the legitimate rights of private economic organizations and their operators [1]

// 今日关注 // // 宏观预警 // 1、十四届全国人大常委会第十五次会议审议民营经济促进法草案等 十四届全国人大常委会第十五次会议27日上午在京举行第一次全体会议。会议听取了全国人大宪法法律 委主任委员信春鹰作的关于民营经济促进法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。 2、国务院常务会议讨论并原则通过《中华人民共和国医疗保障法（草案）》 国务院总理李强4月27日主持召开国务院常务会议，讨论并原则通过《中华人民共和国医疗保障法（草 案）》，决定将草案提请全国人大常委会审议。会议指出，要以此次立法为契机，进一步完善我国医疗 保障政策体系，有效保护参保人合法权益，打牢人民群众病有所医的制度基础。要加强医保基金监管， 健全监督检查机制，严厉打击虚假诊疗、虚假购药等欺诈骗保行为。要加强普法宣传教育，提升医疗机 构、医务人员和群众守法意识，规范就医秩序和医疗行为。 3、最高法：坚决防止把经济纠纷当作犯罪处理 最高法近日印发关于坚持严格公正司法规范涉企案件审判执行工作的通知，积极促进法治化营商环境 ...

4月25日，全国人大常委会法制工作委员会发言人黄海华在记者会上介绍《全国人大常委会2025年度立 法工作计划》（下称"立法工作计划"）重点内容。今年，全国人大常委会共安排继续审议的法律案14 件、初次审议的法律案23件，其中包括制定民营经济促进法、金融法、金融稳定法；修改反不正当竞争 法、企业破产法、中国人民银行法、银行业监督管理法。 我国现行的证券法、中国人民银行法、保险法等法律，以及正在推进的立法工作的金融稳定法，都在不 同领域强化了金融监管的法治保障，但从整体来看，现行的金融法律体系呈现分散性和局部性的特点， 缺乏一部统领全局、协调各领域的基础性法律。从国际经验看，许多发达经济体已通过基础性金融立法 实现监管统一。全国人大代表，中国人民银行辽宁省分行原党委书记、行长付喜国在2025年全国两会期 间曾建议，我国可以借鉴国际经验，结合国情制定金融法，提升国际金融规则话语权、强化金融监管的 法治保障。 作为确立中国人民银行地位的法律，中国人民银行法自1995年颁布实施以来，仅2003年经历过一次大 修。全国人大代表，中国人民银行四川省分行行长严宝玉在2025年全国两会期间指出，现行中国人民银 行法在货币政策、 ...