Industry News | The CPC Central Committee and the State Council: promote the separation of enterprise legal person assets from the personal or family assets of investors in accordance with the law

On July 19, Xinhua News Agency was authorized to issue the Opinions of the CPC Central Committee and the State Council on Promoting the Development and Growth of the Private Sector (hereinafter referred to as the Opinions). The Opinions point out that it is necessary to guide the improvement of the governance structure and management system. Support and guide private enterprises to improve their corporate governance structure, standardize shareholder behavior, strengthen internal supervision, achieve standardized governance, effective checks and balances, and operate in compliance, and encourage private enterprises with the capacity to establish and improve a modern enterprise system with Chinese characteristics. Promote the separation of enterprise legal person assets from the personal or family assets of investors in accordance with the law, and clarify the structure of enterprise property rights. Research and establish a risk assessment system and prompt mechanism to give early warning of situations that seriously affect enterprise operations and may cause risks to social stability. Support private enterprises to strengthen risk prevention and management, guide the establishment of a comprehensive risk management system covering enterprise strategy, planning, investment and financing, market operation and other fields, and enhance quality management awareness and capabilities. Guide the whole society to objectively, correctly and comprehensively understand the private economy and its people. Strengthen theoretical research and publicity, adhere to seeking truth from facts, objectivity and fairness, grasp the correct guidance of public opinion, guide the society to correctly understand the major contributions and important roles of the private economy, and correctly view the wealth obtained by private economic personnel through legal and compliant operations. Resolutely resist and promptly refute and clarify erroneous remarks and practices that question the basic socialist economic system and negate and weaken the private economy, and respond to and dispel concerns in a timely manner. Original link: http://www.news.cn/politics/zywj/2023-07/19/c_1129758014.htm