Property protection benefits

The just-concluded Central Economic Work Conference stressed that China will strengthen the building of its property protection system and accelerate the compiling of its Civil Code as part of efforts to protect the property rights of organizations and individuals.

Such a policy emphasis from the top-level, tone-setting conference came two weeks after the Central Committee of the Communist Party of China and the State Council, China's Cabinet, co-published a guideline urging efforts be made to protect private property rights in accordance with the law.

In the context of the continuing slowdown in private investment, such a policy stress is of great significance to increasing private enterprises' willingness to invest in fixed assets.