As a prelude to the civil code of the People's Republic of China, the General Provisions of the Civil Law of the People's Republic of China (the “General Provisions”) was adopted with votes at the Fifth Session of the 12th National People's Congress on March 15, 2017 and will enter into force on October 1, 2017. This marks an important first step of China on its path to compiling a civil code.
The General Provisions, together with the Supplementary Provisions, comprise a total of 11 chapters and 206 articles. The General Provisions are nearly the same structurally to the General Principles of Civil Law of the People's Republic of China (the “General Principles”), which are still in force and have not been expressly abolished. However, the contents of General Provisions see remarkable changes compared to the General Principles, and some of these changes are noteworthy for the professional legal operators.
This article will briefly comment on several provisions of the General Provisions by analyzing the influence of those provisions on business and commercial activities.