China News Service, Beijing, March 7 (Reporter Liu Liang) China is accelerating the legislative process of the Private Economy Promotion Law.

Observations believe that this move will bring benefits to the development of the private economy.

  In recent years, from the central to local governments, policy dividends for optimizing the business environment for private enterprises have continued to emerge, and the business environment for private enterprises has continued to improve.

Interviewees believe that the legislation of the Private Economy Promotion Law will bring more positive signals.

  Ma Xiaobai, a researcher at the Enterprise Research Institute of the Development Research Center of the State Council, pointed out that the business environment is an important soil for the development and growth of the private economy, and the quality of the "soil quality" is directly related to market vitality and economic development momentum.

The key to making greater efforts to eliminate blockages in the business environment of the private economy is to improve the level of legalization of the business environment and improve the legal system that regulates and guides the healthy development of private capital.

  Xu Guanju, a deputy to the National People's Congress and chairman of Chuanhua Group, said he was excited by the news that the drafting of the Private Economy Promotion Law had been launched.

He said that as the most common enterprise form and market economy entity, private enterprises have not yet had a law to promote and protect them. It is necessary to accelerate the legislative process of private economy promotion law.

  What is the focus of optimizing the development environment for private enterprises?

Some signals may be observed through the symposium on the legislation of the Private Economy Promotion Law jointly held by the Ministry of Justice, the National Development and Reform Commission and the Legal Affairs Committee of the Standing Committee of the National People's Congress last month.

  As the symposium proposed, we should focus on the core concerns of private enterprises such as protecting the property rights of private enterprises and the rights and interests of entrepreneurs in accordance with the law, fair participation in market competition, equal use of production factors, fair law enforcement and justice, and governance of account arrears of small and medium-sized enterprises, and establish and improve relevant systems.

  Li Jin, chief researcher of the China Enterprise Research Institute, said that the measures focused on at the symposium directly address the obstacles and difficulties faced by the current private economic development environment and have strong policy relevance.

For example, in the financial field, there were some "invisible thresholds" for bidding in the past, which restricted the space for private enterprises to participate.

Legislation means institutionally and legally ensuring that private enterprises can receive equal treatment, ensuring fair participation in market competition, and boosting the confidence of private enterprises.

  Zhang Wenzhong, founder of Wumart Group, believes that the symposium’s focus on protecting the property rights of private enterprises and the rights and interests of entrepreneurs in accordance with the law is the voice and expectation of current private entrepreneurs.

He said that protecting property rights means protecting productivity.

Protecting property rights in accordance with the law, safeguarding the legitimate rights and interests of entrepreneurs, and creating a fair and just legal environment for entrepreneurs to innovate and start businesses are matters of great concern to entrepreneurs.

It is expected that the Private Economy Promotion Law will have clearer provisions on this in the future.

  More issues of concern to private enterprises have been put on the agenda.

For example, the symposium mentioned the management of arrears in the accounts of small and medium-sized enterprises. This year's government work report once again emphasized the need to improve the long-term mechanism to prevent and resolve arrears in the accounts of enterprises.

  Wang Bin, a member of the National Committee of the Chinese People's Political Consultative Conference and chairman of Baotou Saibei Machinery Equipment Co., Ltd., suggested that laws and regulations on arrears can be specially formulated to comprehensively strengthen the full-process supervision of government investment projects and large-amount capital flows of large enterprises; commercial acceptance bills can be , Contract execution status will be included in the management of corporate credit reporting systems; efforts will be strengthened to clean up existing arrears, and notices for clearing arrears will be issued to clarify the deadline for companies to clean up arrears, etc.

  Wang Bin said that the start of the drafting of the Private Economy Promotion Law has given private enterprises greater encouragement.

This will be more conducive to further creating a fair, legal and orderly market environment, deepening the governance of outstanding issues, accelerating the resolution of various urgent, difficult and anxious problems for private enterprises, and stimulating the high-quality development of the private economy.

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