Provisions on the transfer of statutory general creditor's rights and debts are as follows

The general transfer of creditor's rights and debts has the following legal provisions: one party may transfer its rights and obligations in the contract to a third party with the consent of the other party; However, according to the nature of rights and obligations, the agreement of the parties and the provisions of the law, these rights and obligations must be transferable.

Legal objectivity:

Article 545 of the Civil Code of People's Republic of China (PRC) * * * Creditors may assign all or part of their creditor's rights to a third party, except in one of the following circumstances: (1) According to the nature of the creditor's rights, they may not assign them; (two) according to the agreement of the parties shall not be transferred; (3) It shall not be transferred according to law. Article 551 of the Civil Code of People's Republic of China (PRC) If the debtor transfers all or part of his debts to a third party, it shall obtain the consent of the creditor. The debtor or a third party may urge the creditor to give consent within a reasonable time. If the creditor fails to express it, it shall be deemed as disagreement. Article 555 of the Civil Code of People's Republic of China (PRC) * * * A party may, with the consent of the other party, transfer its rights and obligations in the contract to a third party.