| Great concern has been attached to public utilities, which are inextricably related to the development of market economy and the People's economic life. Is quite is realistic but the urgent question to legal regulations of public utilities.Whereas, at present, our country's law system regulating public utilities remains to be further improved. The public utilities in our country are currently experiencing radical transformation and evolution. The systemic establishment of correspond laws and regulations regarding public utilities are dependent on the theoretical support from the jurisprudence research community, and, to our disappointment, correlative academic fruits(domestic or aboard) proved to be deficient.Considering the deficiency stated above, This article studies legal characters of public utility, to discuss how to establish and improve the law system reforming & regulating public utilities. In the sense of methodology, referring and absorbing the academic fruits(domestic or aboard)regarding the issue of public utilities, this paper aims to preliminarily explore how to design and construct the law system reforming & regulating public utilities under the guideline of basic jurisprudence theories especially in the fields of economic law.This paper is divided into six parts. The first part presents a general overview of the public enterprises in the process of regulation, to demonstrate the theoretical and practical significance. The second part gives the public enterprises in the concept and features, and discusses the common enterprise to be legal regulation of necessity. Part III introduced economics and law for public utility regulation of the basic theory, Review of Economics and the theory of the development of doctrine and practice effects. And the fourth part gives an analysis of public enterprises abroad Regulation practice; Reveal our public enterprises Regulation exist. Part V discussed how to improve our public enterprises in the legal system. Part VI conclusion.
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