CONTRACT LAW OF THE PEOPLES REPUBLIC OF CHINA CONTRACT LAW OF THE PEOPLES REPUBLIC OF CHINA (Adopted and Promulgated by the Second Session of the Ninth National Peoples Congress on March 15, 1999 )CONTENTSGeneral ProvisionsChapter 1 General ProvisionsChapter 2 Formation of ContractsChapter 3 Validity of ContractsChapter 4 Performance of ContractsChapter 5 Amendment and Assignment of ContractsChapter 6 Discharge of Contractual Rights and Obligations Chapter 7 Liability for Breach of ContractsChapter 8 Miscellaneous ProvisionsSpecific ProvisionsChapter 9 Contracts for SalesChapter 10 Contracts for Supply and Use of Electricity, Water, Gas, or HeatingChapter 11 Contracts for DonationChapter 12 Contracts for LoansChapter 13 Contracts for LeaseChapter 14 Contracts for Financial LeaseChapter 15 Contracts for Hired WorksChapter 16 Contracts for Construction ProjectChapter 17 Contracts for TransportationChapter 18 Contracts for TechnologyChapter 19 Contracts for StorageChapter 20 Contracts for WarehousingChapter 21 Contracts for Agency AppointmentChapter 22 Contracts for BrokerageChapter 23 Contracts for IntermediationSupplementary ProvisionsChapter Two Formation of ContractsArticle 9 Capacity; Contract through AgentIn entering into a contract, the parties shall have the appropriate capacities for civil rights and civil acts.A party may appoint an agent to enter into a contract on its behalf under the law.Article 10 Forms of Contract; Writing RequirementA contract may be made in a writing, in an oral conversation, as well as in any other form.A contract shall be in writing if a relevant law or administrative regulation so requires. A contract shall be in writing if the parties have so agreed.Article 11 Definition of WritingA writing means a memorandum of contract, letter or electronic message (including telegram, telex, facsimile, electronic data exchange and electronic mail), etc. which is capable of expressing its contents in a tangible form.Article 12 Terms of ContractThe terms of a contract shall be prescribed by the parties, and generally include the following:(i) names of the parties and the domiciles thereof;(ii) subject matter;(iii) quantity;(iv) quality;(v) price or remuneration;(vi) time, place and method of performance;(vii) liabilities for breach of contract;(viii) method of dispute resolution.The parties may enter into a contract by referencing a model contract for the relevant contract category.Article 13 Offer-AcceptanceA contract is concluded by the exchange of an offer and an acceptance.Article 14 Definition of OfferAn offer is a partys manifestation of intention to enter into a contract with the other party, which shall comply with the following:(i) Its terms are specific and definite;(ii) It indicates that upon acceptance by the offeree, the offeror will be bound thereby.Article 15 Invitation to OfferAn invitation to offer is a partys manifestation of intention to invite the other party to make an offer thereto. A delivered price list, announcement of auction, call for tender, prospectus, or commercial advertisement, etc. is an invitation to offer.A commercial advertisement is deemed an offer if its contents meet the requirements of an offer.Article 16 Effectiveness of Offer, Offer through Electronic MessageAn offer becomes effective when it reaches the offeree.When a contract is concluded by the exchange of electronic messages, if the recipient of an electronic message has designated a specific system to receive it, the time when the electronic message enters into such specific system is deemed its time of arrival; if no specific system has been designated, the time when the electronic message first enters into any of the recipients systems is deemed its time of arrival.Article 17 Withdrawal of OfferAn offer may be withdrawn. The notice of withdrawal shall reach the offeree before or at the same time as the offer.Article 18 Revocation of OfferAn offer may be revoked. The notice of revocation shall reach the offeree before it has dispatched a notice of acceptance.Article 19 Irrevocable OfferAn offer may not be revoked:(i) if it expressly indicates, whether by stating a fixed time for acceptance or otherwise, that it is irrevocable;(ii) if the offeree has reason to regard the offer as irrevocable, and has undertaken preparation for performance.Article 20 Extinguishment of OfferAn offer is extinguished in any of the following circumstances:(i) The notice of rejection reaches the offeror;(ii) The offeror lawfully revokes the offer;(iii) The offeree fails to dispatch its acceptance at the end of the period for acceptance;(iv) The offeree makes a material change to the terms of the offer.Article 21 Definition of AcceptanceAn acceptance is the offerees manifestation o