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ARTICLE · 06 AUGUST 2020

PRC Civil Code Amends The Rule On Change Of Circumstances

The Civil Code of the People's Republic of China (《中华人民共和国民法典》, hereinafter referred to as the "PRC Civil Code"), which took five years to compile, was published on May 28th this year...

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The Civil Code of the People's Republic of China (《中华人民共和国民法典》, hereinafter referred to as the "PRC Civil Code"), which took five years to compile, was published on May 28th this year and will be put  into force on January 1st 2021. It has attracted wide attention from various circles of society, and experts and scholars have in turn analysed and interpreted its various provisions. This article will offer an analysis of the amendment to the "Rule on Change of Circumstances" based on the current laws and judicial interpretation and the 19th Section of the book Application and Judicial Practice of the Civil Code (《<民法典>适用与司法实务》) 1.

Based on Article 26 of the Supreme People's Court's Interpretation of Several Issues Concerning the Application of PRC Contract Law (II) (《最高人民法院关于适用<中华人民共和国合同法>若干问题的解释(二)》, hereinafter referred to as "Judicial Interpretation II of PRC Contract Law"), Article 533 of the PRC Civil Code has revised the definition of Change of

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