Authored by: Ma Feng , Wang Ning , chenjie and chenjunhong
To optimize the business environment, China has introduced a series of new laws and regulations in recent years, continuously enriching and improving the existing legal framework and system. Among these new regulations, especially the Civil Code of the People’s Republic of China (“Civil Code”) and the accompanying laws, regulations, and judicial interpretations that have been introduced, have had a profound impact on aviation business (especially on various types of security arrangements in aviation transactions).