Abstract
The 12th National People`s Congress of PRC at its 5th annual session held in March 2017 has approved the draft of the General provisions of Civil Law of PRC (revised). The Document reflects a new stage of development of China and its international situation. The work on the Civil code as a whole would be completed by 2020. The article presents an overview of ideological and political views and legal concepts of the Chinese scholars, main legal novations, the dominant points of view of politicians on the ways and directions for formation of the civil law of the country. The Legal reform is a part of the process of modernization of China, an important aspect of the work for achieving the “society of moderate prosperity”. The main conclusion - updated General provisions of the future Civil code retain potential for the further development of civil law of the PRC reflecting complex internal and international dynamics in different spheres of life. The article is addressed to sinologists, men of law, as well as to the broad public interested in the matters of contemporary PRC.
Keywords
General provisions of Civil law of PRC, the Law system of socialism with Chinese characteristics, society of moderate prosperity, modernization of China
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