The Property Law of the People's Republic of China (Chinese: 中华人民共和国物权法; pinyin: Zhōnghuá Rénmín Gònghéguó Wùquán Fǎ) is a property law adopted by the National People's Congress in 2007 (on March 16) 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 is part of an ongoing effort by the PRC to gradually develop a civil code. it contains all aspects of property law in the PRC's legal system.
|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||March 16, 2007|
|Assented to||October 1, 2007|
|Commenced||October 1, 2007|
|Civil Code of the People's Republic of China|
|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.|
|Chinese Property Law, Property Law|
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.
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