2. Commercial law is the general name of legal norms regulating commercial relations between equal subjects. Commercial law is a departmental law that is juxtaposed with civil law and complements each other. Commercial law has the profit-making characteristics of adjusting behavior, and also has the principle of strict legitimacy of commercial subjects. It mainly includes company law, insurance law, partnership enterprise law, maritime law, bankruptcy law, bill law and so on.
Legal basis: Company Law of People's Republic of China (PRC) Article 1 This Law is formulated for the purpose of regulating the organization and behavior of companies, protecting the legitimate rights and interests of companies, shareholders and creditors, maintaining social and economic order and promoting the development of socialist market economy.
People's Republic of China (PRC) Bill Law Article 1 This Law is formulated for the purpose of regulating bill behavior, safeguarding the legitimate rights and interests of parties involved in bill activities, maintaining social and economic order and promoting the development of socialist market economy.