1. Company legislation before New China 19 10. The Ministry of Agriculture, Industry and Commerce of the Qing Dynasty revised the original company law and named it "Draft Commercial Law". Before it was decided, the Qing Dynasty withdrew from the historical stage. After the Revolution of 1911, the government of the Republic of China only slightly revised the Draft Commercial Law of the Qing Dynasty and renamed it the Company Ordinance. ...
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New China Company Legislation After the founding of New China, it did not inherit the company legislation of the Republic of China. For nearly half a century from 1949 to 1993, there was no unified company law in China. The State Council (predecessor of the State Council) passed the Law on Private Enterprises on February 29th, 1950.