Use It For
Use this to explain why the 2023 revision returned to capital discipline after the 2014 liberalization.
Teaching Notes
It gives students a concrete policy bridge between minimum-capital abolition and the new five-year contribution period.
literature Mainland China English original
Introducing the One-Yuan Chinese Company: Impacts of the 2014 PRC Company Law Amendments on Shareholder Liability and Creditor Protection
Analysis of the 2014 removal of minimum capital requirements and its effects on shareholder liability, creditor protection, and empty-shell company risk.