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ID086494
Title ProperEnterprise bankruptcy law of the people's republic of China (for Trial Implementation, 1986)
LanguageENG
AuthorPeople's Republic of China
Publication2009.
Summary / Abstract (Note)This law is formulated in order to suit the development of a planned socialist commodity economy and the needs of the economic structure, to promote the autonomous operation of enterprises owned by the whole people,to strengthen the economic responsibility system and democratic management, to improve the state of operation, to increase economic efficiency, and to protect the lawful rights and interests of creditors and debtors.
`In' analytical NoteChinese Law and Government Vol. 42, No. 1; Jan-Feb 2009: p.9-15
Journal SourceChinese Law and Government Vol. 42, No. 1; Jan-Feb 2009: p.9-15
Key WordsRepublic of China ;  Bankruptcy Law ;  Economy ;  Commodity ;  China