The Civil Code of China went into effect on January 1, 2021. It is the first unified civil code in China and has been long awaited since the founding of the People's Republic of China in 1949. There is much in common between the Civil Code of Japan and the Civil Code of China. However, the Civil Code of China also contains some cutting edge, modern provisions in addition to provisions with salient characteristics of Chinese socialism, both of which make this Civil Code very unique.