BEIJING, March 24 -- Chinese President Hu Jintao calls on the nation to study
conscientiously the property law and create a new situation in building
socialist country ruled by law.
Implementation of the property law should be based on the actual condition of
China in the initial period of socialism. It should serve the fundamental
interests of people and help build a socialist harmonious society, Hu said at a
group study by the Political Bureau of the Central Committee of Communist Party
of China (CPC) on Friday.
Hu, also general secretary of the CPC Central Committee, urged people to have
a better understanding of the significance that the property law gives equal
protection to the state, collective and individual property rights, unswervingly
stick to China's basic economic system, safeguard the lawful rights and
interests of Chinese people and make the legal system perfect.
China's top legislature, the National People's Congress (NPC), adopted the
landmark property law on March 16, granting equal protection to public and
private properties, which is due to come into effect as of October1, 2007.
Hu praised the law as an important step to form a legal system of Chinese
characteristics and a significant move to implement the basic strategy of
governing the country according to law.
He urged leading officials to take the lead in studying and implementing the
property law and correctly handling the relations between power exertion and
protection of people's rights.
He also asked officials to deepen reform, improve the socialist market system
and create a more fair and open market order.
Liang Huixing, a researcher with the Chinese Academy of Social Sciences, and
Wang Liming, a professor of People's University of China, were invited to give
lectures on the enactment and implementation of the property law during the