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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

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