Legal basis: Article 7 1 of General Principles of Civil Law of People's Republic of China (PRC) means that all people have the right to possess, use, benefit and dispose of their own property according to law.
Article 72 The acquisition of property ownership shall not violate the law. Where property is acquired in accordance with the contract or other legal means, the ownership of the property shall be transferred from the time of delivery of the property, unless it is otherwise provided by law or agreed by the parties.
Article 75 A citizen's personal property includes his lawful income, house, savings, articles for daily use, cultural relics, books and reference materials, trees, livestock, means of production and other lawful property permitted by law. The lawful property of citizens is protected by law, and it is forbidden for any organization or individual to occupy, plunder, destroy or illegally seal up, detain, freeze or confiscate it.
Article 76 Citizens have the right to inherit property according to law.