Legal basis: Civil Code of People's Republic of China (PRC).
Article 703 A lease contract is a contract in which the lessor delivers the lease item to the lessee for use and profit, and the lessee pays the rent.
Article 704 The contents of a lease contract generally include terms such as the name, quantity, purpose, lease term, rent, payment term and method, and maintenance of the lease item.
Article 707 Where the lease term is more than six months, it shall be in written form. If the parties fail to determine the lease term in writing, it shall be regarded as an indefinite lease.