Core Viewpoint - The construction of a rule of law-based business environment is crucial for attracting talent and capital, which is beneficial for development. Recent legal reforms have provided reassurance to private entrepreneurs [1][3]. Group 1: Legal Reforms - Over the past five years, China has made significant progress in establishing a rule of law-based business environment through scientific, democratic, and lawful legislation, with 115 laws related to private economy, company law, and anti-monopoly law being enacted or amended [3]. - Additionally, 158 administrative regulations, including those on fair competition review and payment guarantees for small and medium enterprises, have been established or amended [3]. - A comprehensive review of over 600 existing administrative regulations has been conducted to eliminate unequal policies and laws affecting enterprises, supporting the creation of a unified market and promoting high-quality development [3]. Group 2: Government Services - The previous challenges of bureaucratic inefficiency have been addressed, with new experiences such as "one-stop service" and "data-driven processes" becoming part of daily operations [5]. Group 3: Market Environment - The combination of an effective market and proactive government has led to the establishment of a legal economy and credit economy, resulting in a continuously optimized business environment. China is now recognized as one of the countries with the fastest and most significant improvements in the business environment among major global economies [7].

Group 1 - The visit to Buddle Findlay law firm highlights the growing investment relationship between China and New Zealand, emphasizing mutual benefits [2] - A report from the New Zealand China Relationship Promotion Committee and the New Zealand Economic Research Institute acknowledges the economic and social benefits brought by Chinese investments to New Zealand [2] - Buddle Findlay has extensive experience in assisting overseas investors with financing, negotiations, transaction structuring, and regulatory reviews, indicating a strong capability to support Chinese enterprises [2] Group 2 - Buddle Findlay was established in 1895 and has over 330 partners, lawyers, and employees, with offices in Auckland, Wellington, and Christchurch [2] - The firm provides legal services in various fields, including corporate law, commercial law, tax law, competition law, overseas investment law, intellectual property law, environmental and resource management law, and banking and finance law [2]

Group 1: Legal Framework for High-Quality Development - The establishment of the "Private Economy Promotion Law" is timely and aims to strengthen the legal protection for the development of the private economy amidst economic pressures [1][2] - The "14th Five-Year Plan" emphasizes the need for comprehensive legal governance, including enhancing the legal environment for private enterprises and improving legislation in key and emerging fields [2][3] - The "Private Economy Promotion Law" highlights principles of "equal treatment" and "fair competition," ensuring that both state-owned and private enterprises are treated equally under the law [2][3] Group 2: Legislative Developments - The "Company Law" underwent a comprehensive revision in 2023, focusing on optimizing corporate governance and enhancing shareholder rights protection [3] - Several laws related to economic high-quality development, such as the "Rural Collective Economic Organization Law" and the "Value-Added Tax Law," have been introduced or revised during the "14th Five-Year Plan" period [3] - New regulations in emerging fields, such as the "Network Data Security Management Regulations," have been established to address issues related to data security and artificial intelligence [4] Group 3: Foreign-related Legislation - The "14th Five-Year Plan" has accelerated the process of foreign-related legislation, with laws like the "Foreign Relations Law" and "Anti-Foreign Sanctions Law" being enacted [6] - As of January 2025, there are 54 specialized foreign-related laws and over 90 foreign-related administrative regulations in effect [6] - The focus of foreign-related legislation is shifting from framework establishment to refining existing rules and addressing specific legislative gaps [6] Group 4: Governance and Regulatory Environment - The "14th Five-Year Plan" outlines the need for a law-based government and emphasizes the importance of administrative law enforcement reform to create a fair business environment [7][8] - Recent initiatives have aimed to standardize administrative penalties and reduce unnecessary inspections on enterprises, thereby alleviating their operational burdens [8][9] - A nationwide campaign has been launched to address issues such as arbitrary fees and inspections, with significant financial recoveries reported for affected businesses [9] Group 5: Future Legal Construction - The upcoming "15th Five-Year Plan" will focus on addressing new challenges in legal construction, particularly in emerging fields like artificial intelligence and digital economy [10][13] - The establishment of a legal framework for artificial intelligence is seen as essential for ensuring high-quality development and safety [10][11] - The need for a coordinated legal governance system that addresses the unique aspects of artificial intelligence and related technologies is emphasized [12][13]