Based on the applicable principle of liquidated damages in "contract law", based on the improvement of the system, the article first analyzes the status quo of the development of the default system and secondly puts...Based on the applicable principle of liquidated damages in "contract law", based on the improvement of the system, the article first analyzes the status quo of the development of the default system and secondly puts forward some suggestions for improvement. The final purpose is to perfect the liquidated damages system with the Contract Law, in a bid to enhance the fairness of liquidated damages.展开更多
CHINA FOREX:What are the priorities for the Current Account Management Department in 2025?LIU Bin:As China continues to deepen its global integration,cross-border economic activities and personnel exchanges have signi...CHINA FOREX:What are the priorities for the Current Account Management Department in 2025?LIU Bin:As China continues to deepen its global integration,cross-border economic activities and personnel exchanges have significantly intensified.The Current Account Management Department remains committed to its public service mandate,enhancing fund settlement efficiency while ensuring compliant foreign exchange services for businesses and individuals.展开更多
文摘Based on the applicable principle of liquidated damages in "contract law", based on the improvement of the system, the article first analyzes the status quo of the development of the default system and secondly puts forward some suggestions for improvement. The final purpose is to perfect the liquidated damages system with the Contract Law, in a bid to enhance the fairness of liquidated damages.
文摘CHINA FOREX:What are the priorities for the Current Account Management Department in 2025?LIU Bin:As China continues to deepen its global integration,cross-border economic activities and personnel exchanges have significantly intensified.The Current Account Management Department remains committed to its public service mandate,enhancing fund settlement efficiency while ensuring compliant foreign exchange services for businesses and individuals.