The subjectofright is the private party, but its content is in the range of public rights and has inseparable relations with exercises of administrative power.
The enactment of Chinese Civil Code should persist in privatesubjectright standard with apprehension of social problems, to choose principles, systems and concrete norms.
对于民事立法实践,建议以带有社会顾虑的私主体权利为本位构设中国民法典体系、原则、制度和具体规范。
3
The significant factor determining the amount of transaction cost involves whether the nature of the right and its subject is private or public.