People's Republic of China Township Enterprises Law

Author: Legal Publishing House
Publisher:
Publish Date: 1999-11-01
Features: The "Law of the People's Republic of China on Township Enterprises" was passed by the 22nd Session of the Standing Committee of the Eighth National People's Congress of the People's Republic of China on October 29, 1996, and is hereby promulgated, coming into effect on January 1, 1997. This Law consists of 43 articles, primarily formulated to support and guide the sustainable and healthy development of township enterprises, protect their legitimate rights and interests, regulate their behavior, promote rural economic prosperity, and advance the construction of socialist modernization.