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Personal bankruptcy system meets the needs of the times

China Daily | Updated: 2019-03-01 07:29

ON WEDNESDAY, the Supreme People's Court issued a guideline for its reform over the next five years, which includes the construction of a personal bankruptcy system. Xiaoxiang Morning Herald comments:

It is the first time that a personal bankruptcy system has appeared in the Supreme People's Court's to-do list.

The establishment of such a widely-anticipated system can help to effectively solve the difficulties in law enforcement by filling in the institutional gaps.

Personal bankruptcy system meets the needs of the times

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