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Article author:Yingting Lawyers Group | Update time:2026-06-22 | Reading times:170

Article 70 of the "Private Economy Promotion Law" Local people's governments at all levels and their relevant departments shall fulfill the policy commitments made to private economic organizations and the contracts concluded with private economic organizations in accordance with the law, and shall not breach the contract or break the contract on the grounds of administrative division adjustment, government change, institutional or functional adjustment, or replacement of relevant personnel.
If policy commitments or contractual agreements need to be changed due to national interests or social public interests, they shall be carried out in accordance with legal authority and procedures, and private economic organizations shall be compensated for the resulting losses.
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