【2018年整理】乡镇企业法.docVIP

Law of the Peoples Republic of China on Township Enterprises (Adopted at the 22nd Meeting of the Standing Committee of the Eighth National Peoples Congress on October 29,1996, promulgated by Order No. 76 of the President of the Peoples Republic of China on October 29,1996) Article 1 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, bringing about a prosperous rural economy and promoting the socialist modernization drive. Article 2 The term township enterprises as used in this Law refers to the different types of enterprises that are established in townships(including the villages under their jurisdiction) with the bulk of their capital being invested by rural economic collectives or farmers and that undertake the obligations to support agriculture . The words the bulk of their capital as used in the preceding paragraph mean that the capital invested by the rural economic collectives or farmers exceeds 50 percent of the total, or is less than 50 percent but enough to play a holding or dominating role. A township enterprise that meets the qualifications for an enterprise legal person shall obtain the status of a legal person as an enterprise. Article 3 Township enterprises provide the mainstay of the rural economy and constitute an important component of the national economy. The main tasks of township enterprises are to develop production of commodities in light of market demands, provide service to the public, increase the supply of marketable products, absorb surplus rural labor, help raise the income of farmers, support agriculture, advance agricultural and rural modernization and promote the development of the national economy and social undertakings. Article 4 In developing township enterprises, the principle of taking the rural collective economy as the leading force and promoting the simult