On August 8th, the Supreme People's Court issued the "Guiding Opinions on Implementing the Law of the People's Republic of China on the Promotion of the Private Economy" (hereinafter referred to as the "Guiding Opinions"), proposing specific measures for judicial protection of the development and growth of the private economy from five parts, and solving the difficulties faced in the development of the private economy. The Guiding Opinions require assistance in expanding financing channels in accordance with the law. Implement the provisions of the Civil Code on functional guarantees, support private economic organizations in expanding new financing guarantee methods based on the supply chain industry chain in accordance with the law, confirm the legal effectiveness of atypical guarantees in accordance with the law, stabilize the legal expectations of financial institutions, and assist private economic organizations in effectively utilizing their own asset resources to obtain credit financing. Continuously improve the mechanism for collecting and sharing credit information, work together with relevant departments to maintain the credit information of enterprises, update the litigation and enforcement situation of enterprises in a timely manner, and prevent delays in information updates from affecting the normal financing of enterprises. In conjunction with market supervision, the People's Bank of China and other credit comprehensive management departments, timely repair credit in accordance with laws and regulations. Strictly implement national financial management policies, strengthen communication with financial regulatory departments, promote financial institutions to continuously optimize the supply and services of inclusive finance, regulate interest collection in accordance with the law, and work together to promote policy implementation and implementation. Standardize the unilateral increase in loan conditions, suspension of loan disbursement, and early recovery of loans by financial institutions in accordance with the law, to ensure that the legitimate rights and interests of private economic organizations are not infringed upon. Regulate illegal professional lending and refinancing activities such as "high interest loans" and "cutting off interest rates" in accordance with the law, severely punish criminal activities of private lending, regulate and guide the order of private financing, and help private economic organizations solve the problems of "difficult financing" and "expensive financing". (New Society)