LW6134 Chinese and Comparative Company Law
practice note Mainland China English original

The New Company Law: Restructuring Corporate Governance

Practice overview of how the revised Company Law restructures corporate governance, including legal representatives, board design, audit committees, and state-funded companies.

Open source

Brief English Introduction

This note situates legal representative reform within the broader governance restructuring of the 2023 Company Law revision. It is useful because students can see that the legal representative changes are part of a wider redesign of company organs and accountability.

Use It For

Use it as a concise English practice overview before diving into the statutory text.

Teaching Notes

Ask students which governance changes are primarily enabling and which are primarily creditor- or stakeholder-protective.