中文

The 3rd Belt and Road Commercial Law (the Yellow River) Forum Successfully Opens

2022-08-02

On the afternoon of July 7th, the 3rd Belt and Road Commercial Law (the Yellow River) Forum was successfully held in Lanzhou. Ke Liangdong, Vice Chairman of the China Council for the Promotion of International Trade (CCPIT), and He Wei, Vice Governor of Gansu Provincial People’s Government, attended the forum and delivered speeches.

Ke Liangdong said that over the past nine years, the Belt and Road Initiative has been transformed from concept into practice, creating opportunities and benefiting the world. With the continuous, profound and complex changes in the international landscape, it is becoming increasingly urgent for enterprises of all countries to prevent legal risks and resolve disputes in a fair and efficient manner. In this context, it is of great significance to effectively integrate international resources, explore more diversified mechanisms and properly resolve disputes in accordance with the law to protect the rights and interests of enterprises and create a law-based business environment. To promote a fairer and more reasonable framework of international commercial dispute resolution, it is recommended to strengthen connectivity and actively participate in global economic governance, prevent disputes and enhance legal risk prevention capabilities, optimize dispute settlement mechanisms and improve international commercial legal services.

At the forum, the functions of the Cross-border Trade and Investment Legal Services (CTILS) were introduced, and the latest findings of the Belt and Road national legal research were released. The forum was co-hosted by the CCPIT, the Gansu Provincial People's Government and the International Commercial Dispute Prevention and Settlement Organization (ICDPASO), and was joined by more than 260 delegates from Chinese and foreign chambers of commerce, business associations, university think tanks, and practical institutions.