Property Law of the People's Republic of China
| The Property Law of the People's Republic of China | |
|---|---|
| National People's Congress | |
| Citation | Property Law of the People's Republic of China (English) |
| Territorial extent | People's Republic of China but excludes China's Special Administrative Regions. |
| Enacted by | Standing Committee of the National People's Congress |
| Enacted | 16 March 2007 |
| Signed by | President Hu Jintao |
| Signed | 1 October 2007 |
| Commenced | 1 October 2007 |
| Voting summary |
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| Repealed by | |
| Civil Code of the People's Republic of China | |
| Summary | |
| A law enacted in accordance with the Constitution for the purpose of upholding the basic economic system of the State, maintaining the order of the socialist market economy, defining the attribution of things, giving play to the usefulness of things and protecting the property right of obligees. | |
| Keywords | |
| Chinese Property Law, Property Law | |
| Status: Repealed | |
| Property Law of the People's Republic of China | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 中华人民共和国物权法 | ||||||
| Traditional Chinese | 中華人民共和國物權法 | ||||||
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| China portal |
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The Property Law of the People's Republic of China was a repealed law of the People's Republic of China.
The law was a property law adopted by the fifth session of the 10th National People's Congress on March 16, 2007 that went into effect on October 1, 2007. The law covers the creation, transfer, and ownership of property in the mainland of the People's Republic of China (PRC) and was part of an ongoing effort by the PRC to gradually develop a civil code. It contained all aspects of property law in the PRC's legal system.
The law was drafted quite differently from the usual legislative process in the PRC where laws are drafted behind closed doors, over 14,000 public submissions were considered for over a decade before the law was adopted and put into effect. In developing civil law in the PRC mainland, the PRC government has used the German Pandectist system of classification under which the property law corresponds to the law on real rights, which is the term used in Chinese for the official name of the law. The Property Law was formally repealed by the Civil Code in 2021.