Enterprise Bankruptcy Law

Enterprise Bankruptcy Law of the People’s Republic of China
中华人民共和国企业破产法

[Current Text: Chinese, English]

(adopted Aug. 27, 2006, effective June 1, 2007)

• Status: Revision planned
• Legislative Body (Vote): NPCSC (TBD)
• Principal Drafter & Designated Submitter: NPC Financial and Economic Affairs Committee
• Legislative Plans
  • Five-year: 13^th NPCSC Category II; 14^th NPCSC Category I
  • Annual: 2021, 2022, 2023 (backup)
• Legislative History & Text
  • NPCSC deliberation – 1^st round: originally scheduled for Dec. 27 – 30, 2022
• Legislative Records
  • Explanation (pending)
  • Report on Status of Revision (pending)
  • Report on Results of Deliberation (pending)
  • Report on Suggestions for Revision (pending)
  • Presidential Order (pending)

NPC Observer Coverage

• NPCSC Session Watch: Lawmaking Reforms, Corporate Bankruptcy, Charity, Financial Stability, Foreign Sovereign Immunity, Cross-Border Litigation & More (Dec. 12, 2022)