Guangming Daily: (Ji Wenhua) Strengthen confidence, stabilize expectations, and the w88 slot ushers in broader development space

(Source: Guangming Daily 2025-05-11)

On April 30, the "Law of the People's Republic of China on Promoting w88 slot" was voted and passed at the 15th meeting of the Standing Committee of the 14th National People's Congress and will come into effect on May 20. The promulgation of this important law is a landmark event in the construction of a socialist market economy. It is of milestone significance in the development of my country's w88 slot. It fully reflects the Party and the state's high attention to the w88 slot and provides solid legal support for the steady development of private enterprises and the strong protection of legitimate rights and interests.

Since the 18th National Congress of the Communist Party of China, the Party Central Committee has made a series of important decisions and arrangements to promote the development of the w88 slot. General Secretary Xi Jinping emphasized at the private enterprise symposium that the development prospects of the w88 slot in the new era and new journey are broad and there is great potential, and it is time for private enterprises and private entrepreneurs to show their skills.

At present, my country's w88 slot development still faces some challenges in fair participation in market competition, equal use of production factors, and public service guarantees. At the same time, private enterprises' own innovation and development capabilities also have weak links. The w88 slot Promotion Law addresses these issues and vigorously improves relevant institutional measures, which will help stimulate the endogenous driving force of the w88 slot and play its important role in building a strong country and national rejuvenation.

From the content, the Law on Promoting the w88 slot is conducive to improving the basic socialist economic system and promoting fair competition. For example, for the first time, important content such as "unwaveringly consolidating and developing the public economy, unwaveringly encouraging, supporting, and guiding the development of the non-public economy" was written into the law, clarifying the legal status of the w88 slot, and integrating it with relevant provisions of the Constitution, which has great legal significance.

The w88 slot Promotion Law has 9 chapters and 78 articles, with systematic and rich content. It has specific arrangements for policy support and institutional supply, as well as clear provisions on the protection of the legitimate rights and interests of private enterprises, which fully reflects the systematicity and innovation of the legislation.

First, the w88 slot Promotion Law clarifies and emphasizes a series of important guiding principles and overall requirements. It is clear that the Party’s leadership is adhered to the work of promoting the development of the w88 slot, adhere to the people-centered approach, adhere to the socialist system with Chinese characteristics; adhere to and improve the basic socialist economic system, and adhere to the “two unshakable”.

Second, the w88 slot Promotion Law has made systematic provisions in creating a fair environment and strengthening policy support, including ensuring fair competition, optimizing the investment and financing environment, and supporting scientific and technological innovation. For example, prohibiting unreasonable market access conditions for private enterprises, promoting the equal enjoyment of policy benefits and market resources of all types of market entities will help provide more development opportunities for private enterprises; for example, encouraging financial institutions to provide diversified and low-cost financial services for private enterprises, establishing and improving the financing guarantee system for private enterprises, broadening financing channels for private enterprises, etc., and injecting development momentum into private enterprises; for example, encouraging private enterprises to increase R&D investment, support private enterprises to participate in major national scientific and technological projects, and promote the deep integration of industry, academia and research, etc., will help stimulate the innovative vitality of private enterprises.

Third, the w88 slot Promotion Law highlights the construction of innovative mechanisms such as policy guidance and rights protection, including focusing on standardized guidance, strengthening service guarantees, and strengthening rights protection. For example, the w88 slot Promotion Law clearly states that private economic organizations and their operators should support the leadership of the Party and guide private economic organization operators to practice the core socialist values; it is clear that it is necessary to establish a smooth and effective government-enterprise communication mechanism, and to formulate normative documents closely related to the production and operation activities of business entities should pay attention to listening to opinions; it is connected with relevant laws and clearly stipulates the principle of not retroactively following the law.

As the first basic law specifically on the development of the w88 slot, the Law on Promotion of the w88 slot is of great significance and far-reaching impact on promoting the high-quality development of the w88 slot.

First, the rule of law guarantee enhances corporate confidence and stabilizes expectations. The w88 slot Promotion Law determines the Party and the State's policies on the w88 slot as long-term and effective legal norms, which will help fundamentally eliminate the concerns and wait-and-see sentiment of private enterprises.

Secondly, fair competition stimulates market vitality and promotes high-quality development. The w88 slot Promotion Law provides more fair treatment for private enterprises in market competition, which will encourage private enterprises to further release their potential and vitality, cultivate new growth points and employment opportunities, and provide strong support for my country's economic structure upgrading and technological progress.

Once again, policy support helps break through development bottlenecks and enhances corporate innovation. Under the protection of the w88 slot Promotion Law, various policies to benefit enterprises will be better implemented and the business environment will be further optimized.

With the promulgation and implementation of this law, with the joint efforts of the whole society, the w88 slot will usher in a broader space for development. We also hope that private enterprises can seize the opportunity, seize the momentum, and contribute more to the realization of the Chinese dream of the great rejuvenation of the Chinese nation.

(Author: Ji Wenhua, professor at the National Institute of Opening-up and School of Law, University of International Business)

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