Analysis and Suggestions of Legal Environment for China's Venture Capital Industry
Lin Chong-cheng
Abstract
Lin Chong-cheng
Abstract
China's venture capital industry is in the stage of transformation.The promulgation and revision of a series of laws and regulations,including the Labor Contract Law and the Law on Partnership Enterprises, have reinforced and improved the legal environment for venture capital industry development,and the policy advocating the development of a multi-level capital market is helpful to the development of venture capital industry.However,improvement on laws and regulations and construction of environment and mechanism for the integral capital market are top priorities for China's developing venture capital industry.
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China's venture capital industry is in the stage of transformation.The promulgation and revision of a series of laws and regulations,including the Labor Contract Law and the Law on Partnership Enterprises, have reinforced and improved the legal environment for venture capital industry development,and the policy advocating the development of a multi-level capital market is helpful to the development of venture capital industry.However,improvement on laws and regulations and construction of environment and mechanism for the integral capital market are top priorities for China's developing venture capital industry.
Key concepts: Promulgation, Venture capital, China, Business, Capital (architecture), Social venture capital, General partnership, Market economy