Key practical points:
• Covers appraisal of tangible and intangible assets, rights and business enterprises.
• Appraisal is mandatory in certain transactions such as transfers of state assets, liquidation or compensation.
• The appraiser must be qualified and registered and follow professional appraisal standards.
• The appraisal report must be objective and independent, and the appraiser is liable for errors.
• Collusion or deliberate over- or under-valuation is prohibited.
Asset Appraisal Law · Yalla China
中华人民共和国资产评估法 / Asset Appraisal Law
Enacted: 2016-07-02 ✅ Effective: 2016-12-01
📝 Overview
A law regulating the asset-appraisal profession in China: appraisers, appraisal firms, their standards and liability. It requires appraisal in cases such as transfers of state assets, mergers and pledging of assets.
This is general information only, not legal advice. For your specific case, consult a licensed lawyer.
📜 The law text / key provisions
💬 Practical reading
💬 This is a general reading/opinion for orientation — not the official legal text nor legal advice.
Before buying or selling major assets or equity in China, especially with a state party, you will need a valuation report from a licensed appraiser. That report underpins the price and can be challenged if misleading. General orientation, not legal advice.
📎 Official source
npc.gov.cn
🕒 Updated: 16 March 2026