On 1st June the long-expected Civil Code is published at the third session of the 13th National People's Congress. The new code is an amalgamation of existing civil laws and sprawls across seven chapters and 1,260 articles. It is the first time the People’s Republic of China has codified its legal system.
The Civil Code will take effect on 1 January 2021, and when it takes effect, it will abolish, among other laws, the General Provisions of the PRC Civil Law, the PRC Marriage Law, the PRC Guarantee Law, the PRC Contract Law, the PRC Property Law and the PRC Tort Liability Law.
The European Chamber is delighted to announce its series of upcoming working group meetings and events on the Civil Code. Starting off, we are pleased to invite Mr Feng Jing who will introduce our member changes regarding the Contract Law which may dramatically impact a company’s daily operation.
Mr. FENG will touch upon the below matters:
1. Digital Contract
2. Contract Related to a Third Party
3. Right to Terminate and its Time Limitation
4. Title Retention Contract