A Brief Survey of Public Economic Law

Public economic law is the total sum of legal stipulations regulating property relationship, which is based on political mechanism of public sector during overcoming market-failure. The concrete regulating objects of public economic law includes: (1) property-moving relationship based on political mechanism of public sector; (2) property administrative relationship between official organs and between official organs and state-owned social organizations and inner administrative relationship of state-owned economic organizations. The basic nature of public economic law is the combination of public law and private law. Economic law consists of market regulation law and public economic law. The public economic law system is mainly made up of public finance law, central bank law (part), state-owned enterprises law, industrial policy law (part), etc.