China’s top court showcases how landmark private sector law is being enforced
The highlighted cases mainly focus on disputes between private and state-backed firms – and come as Beijing seeks to shore up its economy
“The release of these cases demonstrates how the courts are applying the law to safeguard the private economy... and aims to boost public confidence – particularly among private business owners,” the court said in a recent statement.
The 12 rulings, drawn from courts at various levels across the country, are also intended to guide the judiciary in their efforts to improve legal protections for private sector development, the court added.
The rulings highlighted by China’s top court last week focused on equal treatment before the law, safeguarding innovation, protections for businesses engaged in international trade, and fostering the lawful, healthy growth of private companies.
Most of the cases involved disputes between private firms and state-backed entities. In one ruling, a small-to-medium-sized medical device manufacturer sued a state-backed hospital that had failed to pay nearly 3 million yuan (US$417,404) after purchasing diagnostic equipment.