The agrarian reform was conducted by the peasants under the leadership of the Chinese Communist Party in the early days of the People's Republic, in order to abolish the feudal system of land ownership and bring about peasant land ownership. In June 1950 the Central People's Government promulgated the "Agrarian Reform Law of the People's Republic of China". Beginning than winter, the agrarian reform movement was unfolded in the new liberated areas. By the winter of 1952, the reform was basically complete throughout the country, with the exception of Taiwan Province and some minority nationality areas. About 300 million landless or land-deficient peasants (including those in the old liberated areas) received some 700 million mu (one mu is 0.0667 hectares) of land and other means of production.