Jingtian & Gongcheng Presents Belt and Road Legal Risk Prevention Forum in Chengdu
Date:2017-09-21

The “Belt and Road" Legal Risk Prevention Forum was held on September 14, 2017 in Chengdu with participation of over 150 representatives from relevant enterprises, public institutions and trade associations across Sichuan Province. Under the supervision of Sichuan Department of Commerce, Sichuan Department of Justice, Sichuan SASAC, Chengdu Bureau of Justice and Chengdu SASAC, the seminar was hosted by Jingtian & Gongcheng in partnership with Sichuan Bar Association, Chengdu Bar Association and Chengdu Association for Foreign Economic Trade Cooperation (CAFETC).

 

 

A host of policymakers and senior officials attended the seminar, including Zhang Ying, Deputy Director of Sichuan Provincial Department of Commerce, Liu Chaokuan, Deputy Director of Sichuan Provincial Department of Justice, Lu Ping, Head of Foreign Investment Administration of Sichuan Provincial Department of Commerce, Wang Xiaofeng, Head of Lawyer Notarization Administrative Office of Sichuan Provincial Department of Justice, Yuan Fang from the Division of Regulation of Sichuan SASAC, Xiang Jun, Deputy Secretary-General of the Sichuan Bar Association, Zhong Yusha from the Attorney Office of the Chengdu Bureau of Justice, Zhou Liang, Head of Policies and Regulations Division of Chengdu SASAC, and Chen Xiao, Secretary-General of CAFETC.

 

 

The seminar featured keynote speeches and discussions on important legal topics related to construction, investment and M&A projects arising from the "Belt and Road" Initiative, and relevant risk prevention and tax planning. The goal was to help local companies enhance understanding of the different legal environments in countries and regions along the "Belt and Road" route, raise awareness of investment risk prevention in the "going global" drive, and forge a more robust and extensive cooperation platform for companies in western China, further contributing to the "Belt and Road" Initiative.

 

 

While acknowledging the enthusiasm among local companies to go global following the "Belt and Road" policy, Zhang Ying, Deputy Director of Sichuan Provincial Department of Commerce stressed in her speech that potential risks in carrying out overseas investments should not be ignored. Commenting on the significance of this seminar, Zhang considered it a meaningful event and great opportunity for Chinese entrepreneurs to learn and raise awareness of risk prevention in foreign investment activities.

 

 

Impressed by Jingtian & Gongcheng’s constant commitment to serving China’s western development, Liu Chaokuan, Deputy Director of Sichuan Provincial Department of Justice commended the firm for its top notch efficient legal services in assisting Sichuan enterprises in their "going global" investment and M&A projects along the "Belt and Road" route. He described the timing of this seminar as “pertinent”, saying it’s not only conducive to raising awareness in investment risk prevention among enterprises, but also served as an exchange platform between law firms and businesses.

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