Atier more than a quarter-century of market-oriented economic policies and unprecedented economic growths, China on March 15, 2007enacted its first law that provides equal legal safeguards to both public and private p...Atier more than a quarter-century of market-oriented economic policies and unprecedented economic growths, China on March 15, 2007enacted its first law that provides equal legal safeguards to both public and private properties. The 247-article People＇s Republic of China Property Law, which is due to come into effect as of October 1, 2007, stipulates that ＂the property of the State, the collecfive, the individual and other obligees shall be protected by law, and no units or individuals may infringe upon it＂.展开更多
China is working on the draft of a law on the protection of private property, which proposes that the state protect personal deposits, investments and profits generated from investments. The move marks an important le...China is working on the draft of a law on the protection of private property, which proposes that the state protect personal deposits, investments and profits generated from investments. The move marks an important legal step forward in guaranteeing the private property of Chinese citizens, after the Chinese Communist Party promised in its 16th National Congress "universal protection of lawful income from or out of work".展开更多
文摘Atier more than a quarter-century of market-oriented economic policies and unprecedented economic growths, China on March 15, 2007enacted its first law that provides equal legal safeguards to both public and private properties. The 247-article People＇s Republic of China Property Law, which is due to come into effect as of October 1, 2007, stipulates that ＂the property of the State, the collecfive, the individual and other obligees shall be protected by law, and no units or individuals may infringe upon it＂.
文摘China is working on the draft of a law on the protection of private property, which proposes that the state protect personal deposits, investments and profits generated from investments. The move marks an important legal step forward in guaranteeing the private property of Chinese citizens, after the Chinese Communist Party promised in its 16th National Congress "universal protection of lawful income from or out of work".
