On December 5, 2020, the first Sino-European cargo train which serves cross-border e-commerce started its journey from Shenzhen. 25 days later, the negotiation of CAI was completed, and the investment between China and EU was closely integrated with the construction of Guangdong-Hong Kong-Macao Bay Area. Many European enterprises began to layout in the Guangdong-Hong Kong-Macao Bay Area, and many enterprises in the Guangdong-Hong Kong-Macao Bay Area also went to Europe to seek in-depth cooperation. What are the contents of the CAI? What kind of opportunities will it bring? What contribution will it make to the construction of the Guangdong-Hong Kong-Macao Bay Area?
The long-term stable growth of China's export-oriented economy has brought a historical opportunity for the rise of Chinese law firms. The volume of trade and investment between China and the United States and between China and Europe is huge, and the quantity and quality of mergers and acquisitions have increased year after year. China's lawyers and law firms are gradually moving towards a deeper level of internationalization. Thus, what kind of latest economic growth brought to the international business of law firms? What can Chinese law firms do to carry out international layout and deep cooperation with foreign law firms? What can foreign law firms do to take the opportunity of CAI to develop Chinese business and achieve high-quality cooperation with Chinese law firms?
The two-way investment of Chinese and European enterprises is growing. The number of Chinese enterprises entering Europe is increasing year by year. At the same time, European enterprises will increase their distribution in China. Due to the differences in business environment, business practice and legal governance between the two sides, what are the changes in the investment and operational risks of multinational enterprises under the new investment agreement and rules? What should multinational enterprises do to deal with it? Moreover, the proportion of security considerations in investment of European enterprises is gradually increasing. At the same time, some other new legal requirements are put forward. What can multinational enterprises do to manage local compliance risks?
No matter China and the United States or China and Europe, the more economic and trade exchanges, the more disputes. All multinational enterprises inevitably face the international disputes. Litigation and arbitration are expensive and time-consuming in practice. Thus, if feasible, how can we use ADR to solve disputes more quickly, cost effectively and healthily and maintain sustainable cooperation? Especially in the post epidemic era, can ADR become a better choice for multinational enterprises? What can enterprises do to put forward effective solutions more effectively with lawyers at home and abroad.
There is no doubt that we will stride into the digital era. Emerging technologies such as 5g communication, blockchain, AI, and quantum technology will have a significant impact on business and legal circles. Digital technology will also become a key area of investment between China and Europe. At the same time, it has become a general trend for lawyers to master business thinking, entrepreneurs to cultivate rule thinking, and both to promote the organic integration of law and business and realize the effective communication between two sides. Moreover, the integration of law and business is also an urgent problem faced by the legal and business circles. Top lawyers know the laws of the industry, and successful entrepreneurs know what they can do.
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2020 Global Legal Leader Dialogue and New Year Reception