| Alibaba.com is the largest B2B marketplace in the world. Source Coconut Oil, Acer , Air Bike, Children Furniture , Cane Sugar, Nissan, Costume, Dell, Wallpaper, Gsm Phone, Transfer Paper, Swimwear, Vending Machine, Faux Fur, Laptop, Milk Powder, MAP, Scooter, Candy, Artificial Flowers, Greeting Card, Photo Album, Hair Dye, Billiard Table, Data Cable, Silk Fabric, Cultured Stone, Slippers, Sports Equipment, Wood Flooring, DVD Case, Audio, Computer Mouse, T Shirt, Granite, Packaging, Tube, Toy and Thong
|Property bill almost ready for voting
Wu Bangguo (L2), chairman of the
Standing Committee of the National People's Congress (NPC) of China,
addresses on Sunday a penal discussion of the sixth version of property
Oct. 29 (Xinhua) -- After debating for five years, China's top legislative body
believes the latest version of the landmark property bill is "relatively
well-written" and suggests a quicker vote to pass it into law, a legislative
Lawmakers with the Standing Committee of the National
People's Congress, or the national legislature, began on Sunday a penal
discussion of the sixth version of property bill. Wu Bangguo, chairman of the
committee, chaired the legislative session.
The report from the NPC Standing Committee provided
to Xinhua said legislators "have achieved consensus on major issues and consider
the draft is well-written."
Legislators think major provisions properly reflect
the current economic development in China and have room for further improvement.
They suggest the bill be delivered to voting at a full session of NPC as soon as
possible, the report said.
The bill was first submitted to the legislature in
2002 and had gone through fifth readings. No laws have ever had more than five
readings in the NPC's history.
The bill was withdrawn from the NPC's full session in
March 2006 amid worries that such a law, the country's first to protect private
ownership, could undermine China's socialist system if the rights of individuals
superceded state right to care for the collective good.
Opposition faded after drafters revised the fifth
version, debated last August, which put state ownership rights at the heart of
the economic system.
The latest draft makes "the protection of state,
collective, and private property" the main principle of the legislation process.