w88 casino News Network (provided by the Law w88 casino)In order to deeply study and implement the spirit of the Third Plenary Session of the 20th Central Committee of the Party, deeply understand and understand "playing the leading role of economic system reform", and interpret issues related to the construction of a high-level socialist market economic system from the perspective of rule of law construction, on December 12, 2024, the second-level party w88 casino of the Law w88 casino Party Committee "Promoting Entrepreneurship - Promoting High-Quality Economic Development" theme lecture was officially held in the Ningyuan Building Moot Court. Associate Professor Lou Qiuran of the Party Branch of the Faculty of Civil and Commercial Economics Law of the College served as the guest speaker. Starting from the professional field of "Company Law", he gave an in-depth explanation around "Entrepreneurship". Teacher Pei Qiurui, deputy division-level organizer of the Party Committee of the Law w88 casino, and student party members of this graduate w88 casino attended the meeting. The lecture was hosted by Lin Yumeng, secretary of the third party branch of Master of Laws (including International Arbitration).
Teacher Lou Qiuran first clarified the connotation of entrepreneurship. He emphasized that entrepreneurship is not the blind pursuit of high risks, but the courage to innovate and take risks based on rational planning of risks, while being able to reasonably avoid risks and give back to society. Teacher Lou pointed out that entrepreneurship should not be selfish, but should assume social responsibilities and solve social needs. This is consistent with China's unique cultural background and the development direction of modern law.
Teacher Lou Qiuran pointed out that company law plays an important role in promoting entrepreneurship, which is mainly reflected in three aspects: First, it fills legal loopholes and becomes the basic value and principle of company law; second, it helps with legal interpretation. When there is ambiguity in legal provisions, it can be dealt with by examining the purpose and purpose of the law; third, it predicts the direction of legal revision and provides guidance for future company law revisions. The new "Company Law" allows companies to set up audit committees under the board of directors to replace the supervisory board, and introduces a class stock system, allowing the issuance of shares with unequal voting rights, improving empowerment and arbitrariness, better promoting entrepreneurship, and promoting high-quality economic development.
In addition, Teacher Lou also discussed how to prevent the alienation of entrepreneurial spirit. Mr. Lou pointed out that the new "Company Law" stipulates that the capital contribution amount subscribed by a limited liability company shall be paid in full within five years from the date of the company's establishment to prevent shareholders from abusing the full subscription system and inflating commercial credit; it clarifies that after a shareholder transfers equity, the capital contribution obligation shall be borne by the transferee, and the transferring shareholder shall bear supplementary responsibilities. If entrepreneurs engage in excessive risk-taking behavior, they can also be punished under the piercing corporate veil system. These regulations can effectively inhibit the alienation of entrepreneurial spirit.
Teacher Lou Qiuran’s rich and comprehensive explanation provided a new perspective for understanding and implementing the spirit of the Third Plenary Session of the 20th Central Committee of the Communist Party of China, deepened the students’ understanding of entrepreneurship, and made the students present fruitful and profound. In the future, with the continuous improvement of company law, entrepreneurship will stimulate more innovative vitality under the guidance of the rule of law and contribute to the development of the socialist market economy.
Attached are some students’ experiences:
Teacher Lou’s lecture mainly explained the entrepreneurial spirit proposed by the new Company Law, which gave me a deeper understanding of the entrepreneurial spirit. The discussion of entrepreneurship is of great significance to the governance and development of companies, and the development of companies will in turn play a role in economic construction. The innovative spirit, adventurous spirit and social responsibility of entrepreneurs will promote the healthy development of companies, contribute to economic prosperity, and provide a solid micro-foundation and reliable power mechanism for Chinese-style modernization.
——The First Party Branch of Master of Laws
Yan Meiru, a party activist
Teacher Lou Qiuran explained in detail how to promote the entrepreneurial spirit and how to avoid the alienation of the entrepreneurial spirit through the latest revised company law provisions in 2023, focusing on the entrepreneurial spirit. As a party activist and a law student, I deeply realize the importance of seizing the time in w88 casino to study hard and enhance one's skills. This is not only an important way for personal growth and self-improvement, but also an important basis for ensuring that thoughts and actions can always keep pace with the party, maintain a high degree of consistency with the Party Central Committee, and contribute to the improvement of the socialist legal system with Chinese characteristics.
——Master of Laws (Law) First Party Branch
Su Yinghe, a party activist
Teacher Lou started from the "entrepreneurial spirit" in the "Company Law" and gave us a deep understanding of the importance of promoting entrepreneurial spirit for the development of modern economic and social development. Professor Lou introduced in detail what entrepreneurship is and how the revision and improvement of the Company Law reflect and promote entrepreneurship. Finally, Professor Lou also mentioned that some provisions in the new "Company Law" may still need to be improved. In this regard, we should uphold an attitude of affirmation rather than denial, and actively interpret and improve specific provisions to promote the balance between bold innovation and compliance operations, further promote the entrepreneurial spirit, and contribute to the construction of a modern economic system.
——Master of Laws (including International Arbitration) Third Party Branch
Zhao Panpan, an activist who joined the party
Teacher Lou Qiuran explained to us how to promote entrepreneurship and promote high-quality economic development from a legal perspective based on the revision of the "Company Law", which benefited me a lot. Starting with what is entrepreneurship, combined with practical company law cases, through storytelling, Teacher Lou not only vividly explained the revised regulations of the "Company Law" and cleared up blind spots in professional learning; he also gave us an in-depth and simple introduction to the normative role of promoting entrepreneurship and the specific manifestations of entrepreneurship in the field of corporate law from the perspective of legislative purposes. This party class study made me understand that as a student party member, while improving theoretical knowledge, I must also cultivate my own practical abilities and enhance my own quality and party spirit.
——Master of Laws (including International Arbitration) Third Party Branch
Gao Shenghan, member of the Communist Party of China
