Core Viewpoint - The Supreme People's Court issued guidelines to support the healthy development of the private economy in China, addressing challenges faced by private enterprises and providing stronger legal protections [2][3]. Group 1: Legal Framework and Market Access - The guidelines emphasize the implementation of a "non-prohibition, non-entry" policy and a unified negative list for market access, particularly in sectors like construction, real estate, and natural monopolies [2]. - It highlights the need for fair adjudication in cases involving monopolistic disputes in the technology sector, distinguishing between normal exercise of intellectual property rights and anti-competitive behavior [2]. Group 2: Financial Support and Regulation - The guidelines aim to alleviate financing difficulties for private enterprises by regulating financial institutions' practices regarding loan conditions and illegal lending activities [3]. - It calls for strict penalties against illegal lending practices and encourages a more orderly private financing environment to help private enterprises overcome "difficult and expensive financing" issues [3]. Group 3: Internal Governance and Corruption - The guidelines propose measures to combat internal corruption within private enterprises and facilitate resolution of disputes among shareholders through legal means [3]. - It stresses the importance of holding controlling shareholders accountable for actions that may harm the enterprise, such as misappropriation of funds and improper guarantees [3]. Group 4: Labor Rights and Consumer Protection - The guidelines reinforce the protection of labor rights, stating that any agreement to not pay social insurance is invalid, thus supporting workers' claims for compensation [4]. - It introduces punitive compensation for food and drug violations and aims to regulate prepayment consumption disputes to protect consumer rights while promoting honest business practices [4]. Group 5: Enforcement and Credit System - The guidelines outline strict enforcement against online violence and defamation of private enterprises, emphasizing the protection of their reputation and legal rights [5]. - Recent data shows a significant decrease in the number of individuals listed as untrustworthy, indicating improvements in compliance and credit restoration efforts [5][6].