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This work is an in-depth, comparative study of the nature of civil and commercial law and of its development in China. It focuses on the complex interrelations and interactions between Party and state policies and measures, scholars' theoretical efforts and the development of civil and commercial law, especially the development of the institutions of legal personality and of property rights in China. It also analyzes the underlying influences of foreign legal systems and legal theories as well as the difficulties experienced by Chinese law makers and scholars in applying these theories. The book provides insights into the role of law and the transformation of Chinese civil and commercial law, as now occurring in China.;The book should be a valuable reference source for scholars who wish to explore the subject of the transformation of civil and commercial law in contemporary China.