Law of the People's Republic of China on Township Enterprises. Country/Territory China Document type Legislation Date 1996 Source FAO, FAOLEX Subject Agricultural & rural development Keyword Business/industry/corporations Ownership Authorization/permit Financial agricultural measures Fiscal and market measures International trade Offences/penalties Geographical area Asia, Asia and the Pacific, East Asian Seas, Eastern Asia, North Pacific, North-West Pacific Abstract This Law is enacted for the purpose of facilitating and guiding the sound and sustained development of township enterprises, protecting their legitimate rights and interests, standardizing their operations, and bringing about a prosperous rural economy. It is composed of 43 articles. Full text English/Chinese Website www.gov.cn