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China Enacts First Civil Code
GC Agenda China
30 Jun 2020
China Enacts First Civil Code
In the June edition of GC Agenda China (subscription required), Morrison & Foerster partner Paul McKenzie commented on the Civil Code of China, enacted by the National People's Congress, with effect from 1 January 2021.
“Promulgation of the Civil Code is a major milestone in Chinese legislative history, coming at the end of efforts over many decades to put in place a comprehensive codification of Chinese laws governing civil relationships. Implementation of the Civil Code should enhance consistency in the application of law to contractual, property and other civil disputes, which should in turn support the development of China's private sector,” said Paul.
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