The Basic Idea Of Commercial Law In China

The concept of commercial law is defined as merchants' special psychology and actions formed during the commercial activities. It reflects the merchants' motivation and values, and values, and works as the external behavior principles in accord with the internal spirit The concept serves as not only the soul and nerve center that sets the basic tone of the spirit and principles of commercial law, but also the cornerstone on which builds up the value system of the commercial law. It dominates the law's spirit and runs through the market regulation. The concept of the commercial law in China is summarized as profit per suit, mutual benefit, contract freedom, integrity and credit, efficiency priority, open and unity. The concept is the core of the value system and basic principles of our commercial law.