Legal basis
"Chinese People's *** and National Code, Article 470
The content of the contract is agreed by the parties, generally including the following terms:
(a) the name or name and residence of the parties;
(b) subject matter;
(c) Quantity;
(iv) Quality;
(v) Price or remuneration;
(vi) Period, place and manner of fulfillment;
(vii) Liability for breach of contract;
(viii) Methods of resolving disputes.
The parties may refer to the model texts of various types of contracts to conclude contracts.
Article 595
A contract of sale is a contract under which the seller transfers ownership of the subject matter to the buyer and the buyer pays the price.
Article 596
The contents of a contract of sale generally include the name of the subject matter, quantity, quality, price, period of performance, place and manner of performance, manner of packaging, standard and method of inspection, manner of settlement, and the words to be used in the contract and their validity.