Accurately positioning the Private Sector Promotion Law is essential for achiveing a shared understanding of its contextual framework and unique value, as well as fostering a proper mindset among law enforcement authorities. Despite adopting a promotional legislative form, this law does not follow the same approach as other promotional legislations that focus on empowering specific industries or disadvantaged small and medium-sized enterprises.Instead, it adopts a soft law approach, articulating the policies of the Party and the country that promote the development and growth of the private sector, while also under the guidance of the Constitution integrating existing applicable laws, regulations, and policy principles in the private economic domain. This legislative approach adapts to the the reality of the private sector, which spans across various industries with different sizes and forms, and acknowledges that, although other promotional legislations have already been in place, they remain fragmented and lack authority. It also aligns with the original intention of the Party and the country, which emphasizes that economic entities under all forms of ownership have equal access to factors of production in accordance with the law, compete in the market on an equal footing, and are protected by the law as equals. Most importantly, this legislative approach exhibits a distinct character as policy benchmark law. In a context where existing laws and policies have already provide necessary institutional environment for private sector development, this law is neither redundant nor excessive. Rather, it occupies a unique position within the socialist system of laws with Chinese characteristics. By elevating the Party and the country's policy into law, it establishes an overarching, stable, and authoritative standpoint for promoting the growth of the private sector, while also reinforcing the rule of law in consolidating foundations, stabilizing expectations, and delivering long-term benefits. This also enhances confidence of enterprises and entrepreneurs in the private sector's contribution to Chinese-style modernization. Additionally, by embedding these values into concrete contexts and bureaucratic administrative frameworks, the law constructs formal, unified, and guiding principles for legal application in the private sector, thereby strengthening guarantees for the overall promotion of the private sector.