Problems Faced in the Implementation of China s Economic Law and Its Improvement 20

Economic law is a general term for the legal norms in which the state intervenes, manages, and regulates economic activities of a public nature from the perspective of overall economic development.

The object of adjustment of economic law refers to the economic relations with social and public nature that are intervened, managed and regulated by economic law, which can be summarized as follows:

a.The state regulates the economic relations that occur in the course of economic organization. The purpose of the law regulating organizations is to prevent the emergence of monopoly organizations and to ensure the smooth development of the market economy organizationally.

Laws in this area include the Company Law, the Law on Foreign-Invested Enterprises, the Law on Partnership Enterprises, and the Law on Individual Investment.

b.The state intervenes in economic relations that occur in the course of the operation of the market economy. The state's intervention in the operation of the market economy is an important way to adjust the economic law, and the laws in this regard include the first law, the negotiable instrument law, the bankruptcy law, the financial law, the insurance law, the real estate law, the environmental law, the natural resources law, etc.

c.The state manages and regulates the economic relations that occur in the process of economic order. Japanese scholar Akinobu Tanmune believes: :

Economic law is the law of the state regulating market domination, and the core of modern economic law is the monopoly prohibition law. The laws in this area include the Anti-Monopoly Law, the Anti-Unfair Competition Law, the Law on the Protection of Consumer Rights and Interests, and the Product Quality Law.

d.The economic relations that occur in the state in the course of economic regulation. The characteristic of this kind of economic relations is that the state exercises macroeconomic regulation and control over the operation of the market economy, so that the operation of various economic departments is coordinated and the entire country's economy runs smoothly.

The laws in this area include the Finance Law, the Tax Law, the Planning Law, the Industrial Policy Law, the ** Law, the Accounting Law and the Audit Law.

1. Economic law is an economic regulation that regulates economic relations by means of resolving basic departmental laws such as civil law, administrative law, criminal law, and procedural law, or in other words, economic law is a summary of various economic laws. However, economic law as a discipline is necessary, so the traditional law lacks comprehensive research on the legal adjustment of the economy, and the establishment of an economic law discipline with economic laws and regulations as the research object can make up for the shortcomings of the traditional legal discipline.

2. Economic law is a legal department that carries out an overall, systematic, comprehensive, and comprehensive adjustment of socialist commodity economic relations. At the present stage, it mainly readjusts the economic management relations in which various organizations are the basic subjects in the process of social production and reproduction, and the relations of operational coordination within a certain scope. It is necessary to grasp this concept from the following three points:

1) Economic law is a general term for economic legal norms;

2) Economic law is a general term for the legal norms that regulate economic relations;

3) The economic law regulates a certain range of economic relations.