On December 28, 2017, the Supreme People’s Court announced the retrial of three major cases concerning property rights by the people’s court, among which the high-profile Gu Weijun Case will be directly heard by the top court and its circuit court. The retrial occurs at a crucial period when the central government is improving the property rights protection system, fostering a healthy environment for growth of entrepreneurs, and carrying forward the spirit of exceptional entrepreneurship in order to give full play to the important role of entrepreneurs, the retrial has demonstrated to the people the Central Party Committee is unswervingly committed to improving the property rights protection system and protecting property rights in accordance with the law, and letting people feel social equity and justice in a fair and just legal environment. Effective protection of the property rights of economic subjects is the foundation for the sustainable and healthy economic and social development. Only by further accelerating improvement of the property rights protection system and protecting the property rights of economic organizations with different types of ownership and citizens by law, can we form positive expectations, strengthen entrepreneurship and innovation impetus of various economic subjects, and maintain sustainable and healthy economic and social development as well as the long-term stability of our country. The 2017 Central Economic Working Conference stressed that we should support the development of private enterprises, implement property rights protection policies, and identify and correct the cases of property right dispute that have caused widespread social repercussions. The retrial of Gu Weijun Case further demonstrated the importance attached to the protection of property rights by law by the Party Central Committee with Comrade Xi Jinping as the core. This week, Professor Liu Zhibiao, Dean of Yangtze IDEI, held discussions the first time with relevant experts and scholars on the topic “Implications of Retrial of Gu Weijun Case”.
