On Compliance and Economic Law
DOI:
https://doi.org/10.54097/7cs1jq91Keywords:
Compliance, economic law, foreign economic law, international economic law, world economic law.Abstract
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.
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