“General Principles of Chinese Commercial Law”, with the historical mission of conforming to legal practice and problem-solving, should be based on the practice of commercial activities since China's reform and opening up; it should establish a commercial system that suits the development of Chinese society as the guiding ideology; it should confirm the basic principles that would demonstrate the characteristics of modern commercial law. "General Principles of Chinese Commercial Law”should establish the public-private mixed subject system with limited investor scope, the public-private coexisted commercial property system that breaks the absolute protection, the commercial conduct system with equal emphasis on production, trading, and financial behavior, and commercial liability system that is compatible with statutory and intended liabilities as well as aggravated and mitigated liabilities. All in all, "General Principles of Chinese Commercial Law” should form the Chinese socialist commercial law system.