Study On The Judicial Application Of The Crime Of Illegally Absorbing Public Deposits

With the development of China’s socialist economic construction,minor enterprises and private enterprises play an increasingly important role in the economic development and become the driving factors for the development of the market economy.With the rapid development of China’s economic construction,the main body of the social economy is no longer state-owned enterprises,and small and medium-sized enterprises have also made great contributions to China’s economic development.To some extent,private finance can help small and medium-sized enterprises and private enterprises to solve the need for capital and improve their market competitiveness.However,the problems arising from the development of private finance are still severe and may greatly undermine the stability of national finance.Misapplication of the law and the illegal collection of public deposits will still disrupt the national financial order.The main reasons for the existence of these problems are as follows:in the current relevant legal system of China,it is unclear to identify the behavior of the illegal collection of public deposits,the application of the law is immediately expanded due to the wrong legislation in judicial practice.This paper summarizes problems in the application of justice of the illegal collection of public deposits,analyzes the reasons of the problems and puts forward some Suggestions to solve the problems.According to China’s social and economic development,while maintaining the financial order,the law should regulate the private finance,protect the balanced development of the financial system,and enhance the legislative value of the illegal collection of public deposits.