China's law on futures and derivatives took effect Monday to better protect investors' interests and develop the futures market in favor of the real economy.
Wang Xiankui, a member of the Standing Committee of the National People's Congress (NPC) and vice-chairman of the NPC's Agriculture and Rural Affairs Committee, gave a lecture on the law on black soil conservation in Harbin, capital of Northeast China's Heilongjiang province, on July 25.
Efforts are under way to amend the insurance law in order to improve risk response and ensure the healthy development of the booming insurance sector.
China promptly strengthened legislation and law enforcement to provide solid legal guarantees in the fight against COVID-19 after its initial outbreak, officials said at a news conference on Thursday.
According to the draft, courts will be allowed to impose a continuous daily fine on those who fail to abide by verdicts, although it may be levied for no more than 180 days.
Playing a valuable role in poverty alleviation and COVID-19 prevention and control, charity in China is faced with new challenges amid the rapid economic and social development, and there is an increasing call for revision to the Charity Law.
China's amendment to the Anti-Monopoly Law, based on international practice, will greatly drive the healthy development of the platform economy and the innovation-driven development of more small and medium-sized enterprises, industry experts said.
A draft law on civil compulsory enforcement was submitted for the first reading to the 35th session of the 13th National People's Congress (NPC) Standing Committee on June 21.