Commercial Law of the People's Republic of China

The "Commercial Law of the People's Republic of China" is not an independent regulation, but a general term for a series of legal norms that regulate merchants, business organizations and business behavior in market economic relations. Its core components include the Company Law, Partnership Law, Sole Proprietorship Law, Securities Law, Negotiable Instruments Law, Insurance Law, Enterprise Bankruptcy Law and Maritime Law, etc. Commercial law aims to regulate the establishment and operation of commercial entities, clarify their rights and obligations, ensure the freedom, convenience and safety of commercial transactions, and maintain the healthy order of the market economy. It focuses on adjusting profit-making activities between equal commercial entities and emphasizes transaction efficiency and credit maintenance. It is a vital component of my country's socialist market economy legal system.