King & Wood Mallesons releases KWM INSIGHTS: The PRC Civil Code: Legal System Reform and Implications
The long-awaited Civil Code of the People’s Republic of China (the Civil Code) was officially adopted on 28 May 2020. The Civil Code is a fundamental law that strengthens the foundation, ensures stability in expectations and has long-term interests, and a code that has distinctive Chinese characteristics and keeps up with the practice and the times. It will have profound and far-reaching implications on the development of rule of law and legal services in China.
Leveraging their solid theoretical knowledge and extensive practical experience, many partners from different practice groups of King & Wood Mallesons (KWM) have studied the Civil Code thoroughly since its promulgation, and prepared KWM INSIGHTS: The PRC Civil Code: Legal System Reform and Implications.
This publication, jointly released by KWM and KWM Institute, interprets the legal system reform of the Civil Code and its implications from the perspectives of legislative system, legal person system, intellectual property, effectiveness and validity and termination of contracts, guarantee system, personal information protection, etc. This publication brings together our exploration and thinking on the jurisprudential background and practical application of the Civil Code. We expect that this publication will help you deeply understand and properly apply the Civil Code.