Page 12 - 2021 Policy Watch
P. 12
Policy Watch: A Milestone in Legal Development: China Promulgates a Civil Code
provisions of the laws and judicial interpretations then
in force, but is considered to be valid pursuant to the
Civil Code, shall apply the relevant provisions in the
Civil Code.”16 “A contract concluded before the imple-
mentation of the Civil Code, where the party providing
the standard terms fails to perform the obligation of
reminder or explanation, which involves the determi-
nation of the validity of the standard terms, shall apply
the Civil Code, Article 469.”17
16 Several Provisions of the Supreme People’s Court on the Application
of the Statute of Limitations in the Civil Code of the People’s Republic
of China, Article 8
17 Several Provisions of the Supreme People’s Court on the Application
of the Statute of Limitations in the Civil Code of the People’s Republic
of China, Article 9
12