In a major move to support economic growth, China's Supreme People's Court announced plans to strengthen legal safeguards for private enterprises and entrepreneurs. The focus? Protecting property rights, preventing unfair legal interference, and fostering innovation-friendly environments—especially for small and medium businesses.
The court pledged to minimize disruptions caused by lawsuits, combat power abuse, and ensure fair judicial practices. Data shows commercial case settlements dropped 13.5% this year, signaling a shift toward smoother business operations.
This aligns with broader reforms by the Communist Party of China’s Central Committee, which aims to deepen economic modernization while securing equal protections for all businesses. Experts say the move could boost investor confidence and tech innovation across industries.
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China vows to strengthen law-based protection for private enterprises
cgtn.com