久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Better rule of law for high-quality development

Xinhua | Updated: 2019-11-29 13:40
Share
Share - WeChat
A view of the central business district in Beijing. [Photo/VCG]

BEIJING - China is taking concrete measures to integrate the rule of law with China's economic system to achieve the overarching goal of modernizing the country's system and capacity for governance.

In a milestone document adopted at the fourth plenary session of the 19th Central Committee of the Communist Party of China in late October, advancing the rule of law to support the development of the private sector and foreign-invested companies was underlined.

For that purpose, China must "pursue scientific legislation, strict law enforcement and impartial justice, and grant equality of rights, opportunities and rules for economic entities of all forms of ownership," wrote Chinese Vice Premier Liu He in an article in People's Daily.

China is already making strides in deepening the rule of law to provide a solid foundation for reforms and opening-up necessary for high-quality development. Experts and officials believe more work is needed and will be done on this front.

The synergy between reforms in China's economic system and deepening the rule of law will be enhanced as China aims for high-quality development, said Zhang Liqun, a researcher at the Development Research Center of the State Council.

The rule of law is imperative in market-oriented reforms and improving the business environment, according to Zhang.

As it transforms from high-speed growth to high-quality development, China has pledged stronger legislation and law enforcement efforts in key undertakings like the supply-side structural reform and capital market reform.

In June, authorities issued a reform plan on improving the exit system for market entities, calling for a better legal system for bankruptcy to clear out "zombie enterprises" that suffered extended losses and outdated production capacity.

As the core of the supply-side structural reform, an established legal system for bankruptcy will help allow the market to play a decisive role in allocating resources, according to Li Shuguang, a professor of law at China University of Political Science and Law.

In an article published Wednesday, Yi Huiman, chairman of the China Securities Regulatory Commission, called for advancing amendments to the Securities Law and Criminal Law, as well as building a class action system with Chinese characteristics to deter unlawful practices in the capital market.

"Reverence for the market is predicated on reverence for the rule of law," wrote Yi.

An environment marked by the rule of law is also necessary for achieving a higher level of opening-up for China's economy, said Zhang.

A landmark foreign investment law and a regulation on optimizing the business environment to come into effect next year both provide the legal bedrock for facilitating foreign investors' access to the Chinese market.

The Foreign Investment Law will serve to further improve the transparency of foreign investment policies and better ensure that foreign-invested enterprises participate in market competition on an equal basis.

The new regulation, released late last month by the State Council, seeks to protect market entities' management autonomy, property rights and other legitimate rights and interests.

To that end, it clarified rules regarding the faster establishment of enterprises, equal market access, solid implementation of tax- and fee-reduction policies, and easing financing difficulties.

The regulation provided a top-down institutional design for improving economic governance with focuses on the implementation of new development concepts, the relationship between the government and the market and the upgrading of the socialist market economy, according to Ning Jizhe, deputy head of the National Development and Reform Commission.

Adjustments will be made to around 1,000 existing legal documents to align with the new regulation on the business environment, according to Ning.

More laws and regulations will be rolled out on optimizing the business climate, drawing on successful experience worldwide, said Vice Finance Minister Yu Weiping.

Seeing China at a critical stage of pivoting toward high-quality development, Zhang calls for better legal definitions and protection in such areas as the system of property rights, a key part of improving the country's basic socialist economic system.

"The maturing of the basic economic system comes with stronger rule of law. This will be a long journey and a dynamic process that requires continuous efforts," said Zhang.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 美女张开腿让男人捅爽 | 成人免费国产欧美日韩你懂的 | 成人男女视频 | 一区二区日韩欧美 | 亚洲精品中文字幕一区 | 日韩一区二区三区在线播放 | 欧美日韩在线视频免费完整 | 精品国产高清久久久久久小说 | 欧美xxxxx色视频在线观看 | 国产毛片在线高清视频 | 成人免费看黄 | 欧美顶级毛片在线播放 | 国产成人成人一区二区 | 69性欧美| 久久综合精品视频 | 99热久久国产精品免费观看 | 亚洲精品区在线播放一区二区 | 草草影院地址 | 一级毛片在线免费视频 | 午夜免费一级片 | 美女被cao免费看在线看网站 | 久久91在线 | 91视频一区二区 | 一个人看的免费观看日本视频www | 91精品网站 | 91九色精品国产 | 国产91精品一区二区麻豆亚洲 | 日本精品1在线区 | 国产一区二区在线播放 | 日韩成人三级 | 日本aaaa片毛片免费观看 | 亚洲免费网站观看视频 | 国内精品91最新在线观看 | 精品久久久久久中文字幕 | 国产高清视频免费 | 欧美日本色 | 男女交性拍拍拍高清视频 | 福利视频黄 | 欧美视频免费一区二区三区 | 国产三级日本三级日产三 | 91视频一88av|