The Influence of the Reform and Opening up on the Right of Private Property

The Needham Puzzleand the new institutional economics has initiated the reflection upon the right of private property in China.The policy of reform and opening up is a coercive change of system,which has opened the closed gate to China' s right of private property.The social interest diversification and individuality have touched the soul of the right of private property,while the party's policy of making people rich forms the ideology basis and systematic origin in establishing and protecting the right of private property.Also,the policy of reform and opening up connotes the principles of civil law such as contract freedom and pursuit of wealth.The 2004 Constitutional Amendments regulates the right of private property,confirming the fruit of reform and opening up in economic domain,and then the promulgation of the Real Property Law systemizes it.