Private property rights finally codified

The National People's Conference (NPC) enacted its first law specifically protecting private property rights on the final day of its annual two-week session…

2 minute readFebruary 28, 2007 at 11:58 PM
By
clpstaff

The National People's Conference (NPC) enacted its first law specifically protecting private property rights on the final day of its annual two-week session in February 2007.

The law, which passed China's legislature by a 2,799-to-52 vote, offers the same protections for public and private property, stating that the “lawful property of an individual person shall be protected by law, and illegally taking possession, looting and destruction of such property by any unit or individual is prohibited”.

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