Legal basis: Article 2 of People's Republic of China (PRC) Labor Contract Law This Law is applicable to the establishment of labor relations between People's Republic of China (PRC) and enterprises, individual economic organizations, private non-enterprise units and other organizations (hereinafter referred to as employers) in China, and the conclusion, performance, alteration, dissolution or termination of labor contracts. State organs, institutions, social organizations and laborers who have established labor relations with them shall conclude, perform, modify, dissolve or terminate labor contracts in accordance with this Law.
Article 968 of the Civil Code of People's Republic of China (PRC) * * * Partners shall perform their capital contribution obligations in the agreed manner, amount and payment period.