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Sunday, October 29, 2006

China private property bill revised for record sixth time
Melissa Bancroft at 3:12 PM ET

[JURIST] China's legislature Saturday finished the unprecedented sixth reading of a landmark private property bill [Xinhua backgrounder] intended to protect state, collective and private property [CRI report]. If the National People's Congress [official website] passes the legislation next March as anticipated, it will be the first bill in China's history to specifically protect private ownership.

The controversial bill has already sparked public debate [AFP report] on whether the law represents a serious departure from Communist values or a realistic modern view of the nation's economic position. The legislation has been in revision since its introduction in 2002 and has had more reviews than any other in the NPC's history. Xinhua has more. In March 2004 the NPC officially enshrined private property protection in the Chinese constitution [JURIST report] by approving an amendment declaring "legal private property is not to be encroached upon."






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