More legal support urged for business

Courts across the country have been told to offer stronger legal support for entrepreneurs and give equal protection to all market players to minimize the influence of litigation on businesses and promote sustainable economic development.

Courts should resolutely correct wrongful convictions related to private entrepreneurs and prevent the unnecessary application of criminal punishments to resolve economic disputes, said Zhou Qiang, president of the Supreme People’s Court.

“We’ll try our best to help enterprises get back on track by effectively handling their disputes and prohibiting excessive seizure of properties,” the top judge said at a meeting on strengthening judicial protection of property rights on Friday.

He said the aim is to improve “sustainable, orderly and healthy” development of enterprises, alleviate burdens on them, and better cope with downward economic pressure brought about by the COVID-19 pandemic.

The meeting came after a keynote speech delivered by President Xi Jinping at a symposium with corporate leaders on July 21. At the symposium, Xi, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, said more efforts should be made to create a market-oriented, law-based and internationalized business environment, noting that the legitimate rights of entrepreneurs must be safeguarded.

News from: Supreme People’s Court of the People’s Republic of China.