Recently, China’s Supreme People’s Court released a notice about hearing and execution of civil and commercial cases to provide judicatory guarantees for the growth of private capital.
China’s top court came up with proposals to protect private sectors of the economy in 2014. Two years later, it released ten typical civil and commercial cases to guide courts at all levels on equal protection of the public and non-public economic sectors.
Concerning contract disputes, the notice requires courts to clearly identify the validity of contracts and accurately distinguish responsibility of all the parties involved to protect the legal rights of investors.
Right dispute hearing is a focus of the notice. They include disputes over intellectual property, financing and labor. For example, the notice stipulates an increase of punishment for intellectual property infringement and puts an end to the abuse of monopoly positions by dominant legal entities.
As regards hearing of labor disputes, the notice says that we should emphasize the importance of labor, reduce enterprise’s employment costs and increase their industrial competitiveness.
The notice also set standard procedures for enterprise production and management. It Compulsory measures such as detention, sealing up and blocking are required to discretely use to reduce negative effects on enterprises’ production and management.