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The current laws of China stipulate the protection of public property, but there is still no specific legislation for the protection of private property. Therefore, it is very detrimental to the development of the private economyPrivate economy. Thus, many private investors are afraid to increase investment and expand the scale, concerning the safety of their property. There have even been cases of “quitting while you are ahead” or transferring capital abroad. The report of the Sixteenth National People’s Congress proposed improving the legal system for protecting private property, which would promote the development of the private economyPrivate economy and play a significant role in mobilizing the enthusiasm of private investors.

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2003: Protecting Private Property Beneficial to Improving China’s Basic Economic System

  • 章节

  • 发表日期：

    2026年

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  • Yining Li

摘要

The current laws of China stipulate the protection of public property, but there is still no specific legislation for the protection of private property. Therefore, it is very detrimental to the development of the private economyPrivate economy. Thus, many private investors are afraid to increase investment and expand the scale, concerning the safety of their property. There have even been cases of “quitting while you are ahead” or transferring capital abroad. The report of the Sixteenth National People’s Congress proposed improving the legal system for protecting private property, which would promote the development of the private economyPrivate economy and play a significant role in mobilizing the enthusiasm of private investors.