The draft private economy promotion law is open to the public for comments

On October 10, the Ministry of Justice and the National Development and Reform Commission published the "Private Economy Promotion Law of the People's Republic of China (Draft exposure draft) " on the portal website for public comment. The draft mainly emphasizes the principle of promoting the development of the private economy, ensuring the correct political direction of the development of the private economy, and making it clear that promoting the sustainable, healthy and high-quality development of the private economy is a major policy that the state has adhered to for a long time. The state encourages, supports and guides the development of the private economy in accordance with the law. Emphasize that all kinds of economic organizations, including private economic organizations, enter the market on an equal basis in accordance with the law, implement fair competition censorship, standardize inviting tenders to bid, government procurement and other behaviors, and promote private economic organizations to participate in market competition and use production factors on an