Contract law interpretation to help foreign companies
| BY
clpstaff &clp articlesMore details equal more certainty for everyone
The Supreme People's Court has issued a new and wide-ranging judicial interpretation of the PRC Contract Law which provides more certainty for foreign companies signing contracts in China.
The Interpretation on Several Issues Concerning the Application of the «PRC Contract Law»(2) (关于适用〈中华人民共和国合同法〉若干问题的解释（二）) was issued on May 13 2009. It aims to clarify some of the vague or controversial clauses of the existing Contract Law, which took effect on October 1 1999, and applies to all new contracts and any disputes which arose after 1999 for which no final court judgment has been rendered.
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]