In order to cope with the crime of contractual fraud more effectively,"crime of contractual fraud" is added to the "Criminal Law of the PRC" as the 224th Article when it was revised in 1997.

It s important to make them clear for the assurance of crime of contractual fraud.

In article 224th of the Criminal Law of the People’s Republic of China, it stipulates “purpose of illegal possession”precisely, which requisites to constitute a crime of contractual fraud.

This kind of behavior is concordant with the constitution of the crime of contractual fraud.

Through a comparative study of different legislations on contract fraud in China and abroad and an analysis of practical problems, this paper argues that we need to improve our legislation; for example, we need to define more clearly the criminal intention in contract fraud, extend the scope of the targets of contract fraud, and define more clearly the amount of money involved in contract fraud.

Contract fraud were made by a large number of in-depth and detailed study, and achieved some results.

There is a kind of aim in the subjective aspect of the crime of contract fraud.

The contract in the crime of contract fraud refers to those used by the criminal to defraud money and property of other persons, resulting in the disorder of the market economy.

The Crime of contract fraud is a direct intentional offense, whose constitution has presently been recognized among academic circles, however, the study on the preparatory forms of contract fraud crime has not been popularly develped.