USEUROPEAFRICAASIA 中文雙語Fran?ais
    Opinion
    Home / Opinion / Op-Ed Contributors

    A landmark in property rights protection

    By Chi Fulin | China Daily | Updated: 2016-12-05 07:44

    A landmark in property rights protection

    Models of residential buildings are seen at a property showroom in Binjiang district of Hangzhou, Zhejiang province, Sept 14, 2016. [Photo provided to chinadaily.com.cn]

    The State Council, China's Cabinet, recently issued a guideline on how to further improve the property rights system and better protect property rights. The guideline is aimed at providing equal, comprehensive and law-based protection to all kinds of property rights.

    Against the background of economic downturn, protection of property rights is critical to stabilizing China's economic and sustainable growth.

    The deceleration of private investment in the first half of this year, which has raised widespread concerns, was partly due to the country's industrial restructuring and a not-so-bright market prospect. The drop in private investment is also directly related to insufficient investor confidence because of the lack of a standardized and law-based system for the protection of private property rights.

    Therefore, the guideline aimed at strengthening the protection of property ownership rights, improving the legal system in order to promote equal protection of property rights, deal judiciously with property rights cases that are yet to be solved due to historical reasons and strictly standardize legal procedures for the resolution of property disputes. It is a timely response to public concerns. The fact that the promised measures can be implemented without much difficulty should boost investors' confidence in the long-term prospects of the Chinese economy.

    China has reached a critical juncture in its economic transformation and upgrading, which has raised the need for new legal protection for property rights in the country. Its ongoing campaign to transform and upgrade the manufacturing sector, which coincides with the new global industrial revolution (or "Digital Revolution"), also highlights the need to provide better protection for the knowledge-based economy and intellectual property rights, in order to boost public enthusiasm for entrepreneurship and innovation and propel the country's industrial development toward achieving its higher technological goal.

    In this sense, the guideline's promise to better protect intellectual property rights, increase the cost of violating those rights and lower the cost for safeguarding them will play an important role in establishing an innovation- and entrepreneurship-driven economic development and accelerating the country's economic transformation and upgrading.

    China's per capita GDP is about $8,000, and its middle-income population is about 300 million, less than one-fourth of its total population. And international experiences indicate the expansion of a country's middle-income population is dependent not just on its economic development, but more importantly on the establishment of an income distribution system based on the protection of property rights.

    Previous Page 1 2 Next Page

    Most Viewed in 24 Hours
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    欧美日韩中文字幕在线观看| 无码精品人妻一区二区三区免费看| 中文字幕无码日韩专区| 蜜臀av无码人妻精品| 亚洲综合无码精品一区二区三区 | 中文成人久久久久影院免费观看| 911国产免费无码专区| 成人无码免费一区二区三区| 最近最新中文字幕高清免费| 无码av中文一二三区| 熟妇人妻无码中文字幕| 久久久久精品国产亚洲AV无码| 久久久久久久久久久久中文字幕 | 中文字幕人成高清视频| 久久男人Av资源网站无码软件| 人妻无码人妻有码中文字幕| 7777久久亚洲中文字幕| 少妇无码太爽了不卡视频在线看| 欧洲精品久久久av无码电影 | 久久久久无码精品国产不卡| 亚洲中文字幕无码爆乳AV| 白嫩少妇激情无码| 天堂а√在线地址中文在线| 欧美中文在线视频| 国产精品中文字幕在线观看| 无码中文字幕日韩专区视频| 亚洲成av人片在线观看天堂无码| 国产成人精品无码一区二区| 精品无码国产一区二区三区AV| 无码人妻久久一区二区三区免费| 精品多人p群无码| 成人无码AV一区二区| 亚洲爆乳无码专区| 无码人妻久久一区二区三区免费| 亚洲成AV人片在线播放无码| 亚洲av无码精品网站| 久久久久亚洲AV无码永不| 国产成人无码精品一区二区三区| 97无码免费人妻超| 无码人妻一区二区三区免费视频| 99久久无码一区人妻a黑|