The lmprovement of the Bankruptcy Law in China

As the result of market competition mechanism, the bankruptcy lead to the high-quality property reform and restore energy.Due to the flaw of Bankruptcy Law in China, we must perfect the bankruptcy law and standard bankruptcy action to protect the legitimate rights and interests of the creditor and the debtor furthest,to make the staff of the bankruptcy enterprise get the way to obtain almsgiving consequently maintain society stable and the healthy development of the market economy.