AI-assisted research summary: The state allows the private sector to exist and develop within legal limits, and land may be transferred according to law; unlawful land transfer is prohibited.
Amendment to the Constitution of the People’s Republic of China (Adopted at the First Session of the Seventh National People’s Congress on April 12, 1988Published for Enforcement by the Announcement of the National People’s Congress on April 12, 1988) Editorial Notes: 1. This instrument was not given a chapter number under the Legislation Publication Ordinance (Cap. 614). An unofficial reference number, however, is assigned to this instrument in Hong Kong e-Legislation (http://www.elegislation.gov.hk) for identification purposes. This also enables users to carry out a search by reference to the unofficial reference number. 2. This English translation is reproduced from “The Laws of the People’s Republic of China 1987 - 1989” compiled by the Legislative Affairs Commission of the Standing Committee of the National People’s Congress of the People’s Republic of China. It is for reference only and has no legislative effect. Article 1 Article 11 of the Constitution shall include a new paragraph which reads: “The state permits the private sector of the economy to exist and develop within the limits prescribed by law. The private sector of the economy is a complement to the socialist public economy. The state protects the lawful rights and interests of the private sector of the economy, and exercises guidance, supervision and control over the private sector of the economy.” Article 2 The fourth paragraph of Article 10 of the Constitution, which provides that “no organization or individual may appropriate, buy, sell or lease land or otherwise engage in the transfer of land by unlawful means,” shall be amended as: “No organization or individual may appropriate, buy, sell or otherwise engage in the transfer of land by unlawful means. The right to the use of land may be transferred according to law.”