Big turnout for first CBLJ Forum in Beijing

About 500 corporate executives, legal counsel and business leaders attended the first CBLJ Forum, hosted by Vantage Asia, the publisher of India Business Law Journal and China Business Law Journal, at the JW Marriott Hotel in Beijing on 3 April.

The forum, which carried the theme “Seizing business opportunities and managing legal risks”, was also streamed live on a special SINA webpage. The event was supported by Beijing Arbitration Commission (BAC) and strategically partnered by SINA Finance and SINA Fawen.

Keynote speaker and observer in the field of humanities and finance, Qin Shuo, headed a list of nearly 30 speakers from different companies and academic circles.

Chen Fuyong, deputy secretary-general of the BAC, extended his congratulations to China Business Law Journal for hosting the forum. In his speech Chen said arbitration was the cutting edge in dispute resolution, as it was not subject to geographical areas and different levels of jurisdiction.

Deng Qingxu, senior vice president of SINA.com, stated in his speech that SINA Finance had witnessed the rise of China’s commercial society in the past 20 years, during which time legal awareness had greatly improved. “Legal risks are challenges that deserve the attention of every market player,” said Deng.

After the opening speeches, Qin, who is also founder of Chin@Moments and the Commercial Civilization Research Centre of China, gave his keynote address on “In-depth globalization and compliance issues”. Qin stressed the growing importance of laws in China’s economic “new normal”, and pointed out that Chinese companies needed to enhance their understanding of compliance on their path to becoming global companies. “The other side of risk for Chinese companies is the global opportunity. [Chinese companies] should think in global terms to create global enterprises,” he concluded.