On Compliance and Economic Law
Compliance, as a prominent topic in contemporary legal theory and practice, exhibits distinct attributes of economic law and serves as a critical means of its realization. Compared with other branches of law, economic law plays an irreplaceable role in the macro-level construction of compliance systems, providing a foundational framework for compliance mechanisms across industries. To safeguard the interests of domestic enterprises in cross-border compliance matters, it is imperative to simultaneously advance the development of relevant foreign economic laws. Given China's significant weight in the global economy, it must assume the responsibilities of a major power. On the one hand, China should leverage international economic law to secure a proactive role in rule-making and actively participate in the formulation of international compliance norms. On the other hand, it should use the inclusive development of the global economy as a benchmark to promote the construction of compliance systems within the paradigm of China–World Economic Law.
Authors
- Yuan Da-yong
- Hongxia Liu (ORCID: https://orcid.org/0000-0002-3692-7735)
Publication Details
- Journal
- Frontiers in Business Economics and Management
- Published
- 2025-02-21
- DOI
- https://doi.org/10.54097/7cs1jq91
- Primary Topic
- Regulation and Compliance Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00