China drafts law to protect state assets

2007-12-22 18:47:58 Xinhua English

BEIJING, Dec. 23 (Xinhua) -- Chinese top legislature began to deliberate its first state assets law, designed to protect the state assets from being illegally seized.

The draft state assets law was submitted to the Standing Committee of the National People's Congress (NPC) for first deliberation on Sunday.

The 31st session of the 10th NPC Standing Committee is being held from Dec. 23 to 29.