Chinese Economic Law in the “New Era”. The State, the Market and the Party
Where: Zoom Platform, h.14.15
In China, the year 2020, apart from the Covid crisis, saw the issuance of the Civil Code, a new milestone of the process of “reform and opening up” meant to provide additional regulatory instruments for the Chinese market. However, in the same year, the Central Committee of the Chinese Communist Party issued the «Opinions on Strengthening the United Front Work in the Private Economy in the New Era», regulating some of the most relevant connection channels between public (and Party) authorities and private economic operators in China.
What does this new document suggest about the regulatory dimension of public control over private economy? An inquiry on such issue, while revolving necessarily around the analysis of the main content of the Opinions, must also take into account the recent developments of Chinese economic law, especially concerning the transition from a purely planned economy to a socialist market economy, as well as some specific regulatory provisions, such as Art. 19 of the Company Law, which empower Party organs to communicate with private operators.
The assessment of the concrete applications of such regulatory trends, in the context of the growing importance of the private sector in Chinese economy, may offer valuable insight regarding the general orientation that Chinese economic law has embraced in the recent years.
Gianmatteo Sabatino is a research fellow in comparative and european law at the Sino-Italian Institute of the Zhongnan University of Economics and Law (Wuhan, People's Republic of China) as well as a research collaborator at the University of Trento, where he also obtained his PhD in Comparative and European Legal Studies.
His main research field is comparative economic law, with a special focus on the comparative law of development planning and the Chinese model of economic law. He has published several legal papers concerning development planning law, circular economy law, state aid law and the law of Special Economic Zones.
His other research interests include Asian legal cultures, comparative competition law and legal anthropology.
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