A New Investigation into the Origin and Development of the Economic Law

The law scholars generally believe that the economic law is the law of regulating or intervening economic activity by the government,which emerged under the conditions of monopoly capitalism.This recognition is questionable.Through investigation of their economic development history of the western countries,we can conclude that in fact all the major capitalist countries in the process of the economic development they adopted a variety of active industrial policies and trade policies.It can be considered that the economic law originated in the free capitalist stage and the state's intervention in the economy constitutes a major source of the economic law.In the late 20th century,the rise of the third sector,the third handworked in the economic field generating another source of the economic law.Both laws reflect the social trends.The issues of the development of China's economic law and particularly the third sector are also discussed in this paper.