Birth of Civil Code
Canxin Weekly
June 1
China’s first draft Civil Code was passed at the Third Session of the 13th National People’s Congress on May 28. It is essential to comprehensively advance the rule of law and better protect citizens’ fundamental interests in the country.
As an important part of the modernization of China’s governance system and governance capacity, the Civil Code focuses on civil and administrative behaviors and the relationship between civil and social behaviors.
China’s Civil Code divides legal persons into for-profit legal persons, non-profit legal persons and special legal persons, changing the traditional classification and providing enough legal space for legislation on market subjects.