| 英文摘要 |
The Private Sector Promotion Law serves as the fundamental legal framework for the private sector in China, carrying the crucial mission of optimizing the development environment for private enterprises and boosting confidence in the sector's growth. Through an integrated legislative approach, the law reaffirms and declares several important institutional principles, but its true significance lies in effective implementation. The law provides a positive definition of private economic organizations, and in the process of applying specific legal rules, a reverse exclusion approach is advisable to avoid omissions or unintended loopholes. When local governments implement the Private Sector Promotion Law and formulate supporting regulations, they should focus on designing differentiated provisions, targeted provisions, and operational provisions. Differentiated provisions refer to granting favorable, differentiated treatment to private economic entities based on their stage of development, scale of operations, and in light of the current policy goal of restoring private sector confidence, all while ensuring equal protection of the fundamental rights of private market participants. Targeted provisions address the practical difficulties faced by private entrepreneurs, such as excessive credit-based punitive measures and the risk of being subjected to cross-regional law enforcement without due process, by introducing pragmatic and effective procedural safeguards to ensure that the legislative objectives of the Private Sector Promotion Law are truly realized. Operational provisions aim to translate the declaratory provisions of the law into detailed, actionable, and enforceable rules to guarantee practical implementation on the ground. |