Intermediate Economic Law case studies
Intermediate Economic Law · Put your knowledge to work in context.
Intermediate Economic Law (中级经济法) is one of the subjects in China's intermediate-level professional qualification examination for accounting personnel, administered by the national accounting examination authority. It is aimed at candidates who already hold the junior-level qualification or have equivalent practical experience and want a credential that recognises broader competence in the legal rules surrounding business and finance. The Intermediate Economic Law case studies are 5 cases and about 3,852 words.
1The Signed Acknowledgment and the 0.3% Daily Penalty
Suzhou buyer Xinda ordered 12,000 custom circuit boards from Shenzhen seller Kexin at RMB 86 each, for a total of RMB 1,032,000, with delivery by 30 April 2025. Xinda’s purchase order stated that “the PO and the seller’s signed acknowledgment form the entire contract.” Kexin returned a signed acknowledgment form whose front page referred to standard terms on the reverse, including clause 9, a late-delivery penalty of 0.3% of the total contract price per day, and clause 10, providing for arbitration in Shenzhen.
846 words, about 4 min2The Controlling Director’s RMB 8 Million Related-Party Loan
Ruihe Technology Co., Ltd. is a limited liability company with shareholders Wang (51%), Li (30%) and Chen (19%).
779 words, about 4 min3The Pre-Bankruptcy Payments and the Supplier’s Set-Off
Hengda Manufacturing Co. was ordered into bankruptcy by the court on 10 June 2025.
787 words, about 4 min4The Kitchen Equipment Contract: VAT, CIT and the Shareholder Loan
Yuanqi Kitchen Equipment Co. is a general VAT taxpayer in China.
695 words, about 3 min5The Arbitration-or-Litigation Clause in the Warehouse Contract
In March 2024 a developer and a contractor signed a construction contract for a logistics warehouse in Anxian, a county-level city with no arbitration commission. Clause 17 provided: “Any dispute arising from this contract shall be submitted to the arbitration commission at the place where the project is located; if there is no arbitration commission, either party may bring a lawsuit in the people’s court.” A dispute over RMB 12 million arose.
745 words, about 4 min