Commerce & Finance Law Offices > Beijing, China > Firm Profile
Commerce & Finance Law Offices Offices
12-14th Floor, China World Office 2
No. 1 Jianguomenwai Avenue
BEIJING
100004
China
Commerce & Finance Law Offices > The Legal 500 Rankings
China > Capital markets: PRC firms Tier 2
Commerce & Finance Law Offices offers a particular niche in overseas capital markets, advising international investment banks, funds, and financial institutions, as well as Chinese companies in overseas capital markets, and foreign companies with investment interests in China. It advises on a variety of matters, including IPOs, refinancing, offering of bonds, and acquisition of Chinese companies by foreign companies. Xin Kong has a strong reputation in this field, regularly advising on listing and financing projects for both Chinese and foreign companies, as well as on bond issuance and investment matters. Xinyang Zhang‘s practice focuses on China’s new economy industry, whilst Gang Wu specialises in domestic and overseas listing and M&A matters.Practice head(s):
Xin Kong; Xinyang Zhang; Gang Wu
Other key lawyers:
Wei Chen; Xiaoman Zhang
Testimonials
‘High quality work and strong initiative.’
‘They have outstanding expertise in the field of capital market law and provide excellent professional services. The fee for the team is reasonable, and the service response is fast and efficient.’
‘Wei Chen and Fei Su provide outstanding services and are willing to maintain long-term cooperation.’
‘Xiaoman Zhang’s team handle many large and complex investment and financing M&A projects. The team has strong professionalism, extensive legal knowledge, reasonable fees, and provide good support for communication with customers.’
‘Guo Xu and Bin Minqi are diligent and conscientious in providing professional services to clients, and they take the initiative to provide alternative solutions for clients to choose from.’
‘The Commerce & Finance capital markets team has always had a good reputation. The partners and lawyers are impressive in terms of work execution details and key issues. The overall work style is very pragmatic and down-to-earth, and in addition to having strong professional strength, it is also very familiar with legal rules and regulatory policies.’
‘The team can accurately understand clients’ needs, and can start from the company’s point of view.’
‘Gang Wu and Min Yang both have rich practical experience in the field of capital markets. On major and difficult issues, they provide clear, practical and direct advice. They are also excellent lawyers in the industry who truly have a business perspective, combining legal rules and regulatory policies to serve clients’ best interests.’
Key clients
Kuaishou Technology
Bilibili Inc.
The Export-Import Bank of China
Yunnan Branch of Agricultural Bank of China
Guizhou Branch of Agricultural Bank of China
Morgan Stanley Asia Limited
J.P. Morgan Securities (Far East) Limited
Weichai Power Co., Ltd.
China Merchants Port Group Co., Ltd.
STATE GRID
Hongta Securities Co., Ltd.
China International Capital Corporation Limited
SF Holding Investment Limited & S.F. Holding Co., Ltd.
GOLDMAN SACHS (ASIA) L.L.C.
Trip.com Group Limited
Linklogis Inc.
Kaisa Group Holdings Limited
Haitong International Securities Group Limited
State Grid International Development Limited
Airstar Digits
CNHTC Jinan Truck Co.,Ltd.
China International Capital Corporation Hong Kong Securities Limited
AAC Technologies Holdings Inc.
GUANGZHOU PORT COMPANY LIMITED
China Eastern Air Logistics Co., Ltd.
Helens International Holdings Company Limited
LianBio
China Great Wall Securities
Industrial and Commercial Bank of China Limited
Shenzhen Qianhai Pingyu Commercial Factoring Co., Ltd.
Shinsun Holdings (Group) Co., Ltd.
CCB International (Holdings) Limited
Hangzhou Alltest Biotech Co., Ltd.
Helenbergh China Holdings Limited
Chaoju Eye Care Holdings Limited
Zhixiang Technology (Shanghai) Co., Ltd.
Amass Global Network Group Co., Ltd.
Acotec Scientific Holdings Limited
Beijing Airdoc Technology Co., Ltd.
Zhaoke Ophthalmology Limited
COSCO SHIPPING Ports Limited
Zhejiang Baron (BVI) Company Limited
Acotec Scientific Holdings Limited
CMG Media Convergence Industry Investment Fund
Shenzhen Hongzhou Xingtai Commercial Factoring Co., Ltd.
Strawbear Entertainment Group
Sunkwan Properties Group Limited
Central China Management Company Ltd.
ESR Cayman Limited
Beijing Infosec Technologies. Co. Ltd.
Arrail Group Limited
Shanghai Bio-heart Biological Technology Co., Ltd.
China Everbright Capital Limited
Landsea Green Life Service Company Limited.
Work highlights
- Adivsed Kuaishou Technology’s US$5.4 billion Hong Kong IPO and Listing.
- Advised Bilibili on the completed issuance of $1.4 billion convertible bonds.
- Advised BiliBili Inc. on the successful listing on the main board of the stock exchange of Hong Kong for the second time.
China > Dispute resolution: Litigation: PRC firms Tier 2
Commerce & Finance Law Offices has a full-service dispute resolution offering, with the team advising on a wide array of commercial disputes. It also has particular expertise handling cases in frontier legal fields, including online transaction and e-commerce disputes, as well as equity investment, product liability and infringement of the right to reputation matters. Hongji Li has extensive experience in corporate, finance, international trade, real estate, and maritime related litigation. Other key names include Jialu Wang, who specialises in commercial litigation and has significant experience advising large domestic enterprises and government agents, and Amin Li, whose practice focuses on securities litigation. Qiang Cui is noted for his expertise representing financial institutions, MNCs, and Chinese SOEs.Other key lawyers:
Key clients
Vanke Real Estate Co., Ltd.
Jinxiu Jiye Real Estate Co., Ltd.
DaGong Global Credit Rating Co., Ltd.
China Energy Reserve and Chemicals Group Company
Guochu Huijin Capital Management Ltd.
Beihai Hongtai Investment Co., Ltd.
China Construction Bank
Zhejiang Financing Re-guarantee Co., Ltd.
Shanxi Tian Jian Hua Xia Business Trading Ltd.
Shanxi Jin Bang Energy Technology Group Limited
CCB International (Holdings) Limited
Dürr Paintshop Systems Engineering (Shanghai) Co., Ltd.
Yingli Energy (China) Co., Ltd.
China National Offshore Oil Corporation
CNOOC Investment Holdings Ltd.
CNOOC Finance Co., Ltd.
COFCO Trust Co., Ltd.
Shanghai OTEC Technology Co., Ltd.
Hangzhou Financial Investment Enterprise Group Co., Ltd.
Gen Zon Investment Group Co., Ltd.
Everbright Xinglong Trust Co., Ltd.
Ping An Bank Co., Ltd. Ningbo Branch
Teddy Mobile Technology Ltd., Co.
China National Heavy Duty Truck Group Corp., Ltd.
Beijing Baidu Technology Co., Ltd.
Work highlights
- Assisted Zhongtai Securities Co., Ltd. to deal with the bond redemption crisis of Goocoo Group and Fusheng Group.
- Represented Vanke in appealing proceedings, and obtained winning rulings from the Supreme People’s Court (SPC) for both cases.
- Representing the directors, supervisors and senior management of Kangmei Pharmaceutical Co., Ltd in administrative penalty and civil compensation dispute.
China > Tax: PRC firms Tier 2
Haoran Chen leads the tax practice at Commerce & Finance Law Offices. His team provides tax planning, restructuring and audit defence work for commercial clients in various sectors as well as individuals. Chen has wide-ranging experience, having advised Chinese, American and Australian clients working in multiple industries, including automobile, oil and gas, and healthcare.Practice head(s):
Haoran Chen
Work highlights
- Advised on a tax planning and private client case for WeRide Inc.
- Advised on a tax audit case for Hainan Shenzheng Industrial Group Co., conducted by the Hainan tax authority.
- Advised on tax restructuring cases initiated by Agilent, including a US shareholder merger, a China IP sale and a business integration.
China > Dispute resolution: Arbitration: PRC firms Tier 3
Commerce & Finance Law Offices offers a strong arbitration practice, with the team handling a range of commercial disputes across a range of industries. It has also acted on unfair competition disputes, as well as on cases in frontier legal fields, such as e-commerce and online transaction disputes. Hongji Li has strong expertise in commercial arbitrations, with experience hearing cases in both domestic and foreign arbitration institutions. Jialu Wang is also noted for his commercial arbitration expertise. Meanwhile, Qiang Cui specialises in equity investment, commercial real estate, construction, and international trade and transport matters.Key clients
China National Offshore Oil Corporation
CNOOC Investment Holdings Ltd.
CNOOC Finance Co., Ltd.
ABB Engineering (Shanghai) Ltd.
VF Apparel (China) Co., Ltd.
Air Products & Chemicals (China) Investment Co., Ltd.
Work highlights
- Advised CCB Singapore Branch in a dispute arising from the debt crisis of Tsinghua Unigroup.
- Advised HARVEST and CITIC TRUST to handle the risk that TUS S&T might not be able to repay a debt or enter into bankruptcy.
- Advised CCB Hebei Branch in an arbitration brought up by SK ECOPLANT CO., LTD.
China > Private equity: PRC firms Tier 3
Commerce & Finance Law Offices acts for financing companies on a broad range of private equity transactions. It also has specific expertise in investment matters acting for fund managers, including on angel, VC and PE, pre-IPO, and strategic investments. Lingyun Dai has significant expertise in venture capital and private equity financing matters, with experience acting for USD funds, RMB funds, and start-up companies. Xinyang Zhang specialises in China’s new economy industry, which includes e-commerce, AI, big data, and cloud computing, whilst Meng Zhang’s practice focuses on private equity financing, with additional expertise in M&A and investment by foreign investors.Other key lawyers:
Key clients
Youshan Capital
GL Gyn Investment L.P
Lake Bleu Capital
Keep Inc.
Hesai Technology
Fiture Inc.
Meituan Dianping
Shuimu Youpin Limited
Hopu Investment
Zhuhai Trinomab Biotechnology Co., Ltd.
IASO Biologics Inc.
Transcendence Capital
GL Capital
DataGrand Technology (Shanghai) Co., Ltd.
Singularity Systems Limited
China Life
Suzhou MicroPort Argus Medical Corp.
GL Capital
Beijing Surgerii Technology Co., Ltd.
Xiaomi
Shanghai Shenzhi Information Technology Co., Ltd.
DataMesh
Mech-Mind (Beijing) Robotics Technologies Ltd.
Gongqingcheng Ziniu Growth Investment Management Partnership
Dongfanghonghu (Beijing) Technology Co., Ltd.
Shanghai Chatail Information Technology Co., Ltd.
Jinfeng Borun (Xiamen) Equity Investment Partnership
GL Hospital Investment III L.P
Shenzhen Zhiyuan Biological Medicine Co. Ltd.
Ningbo Maihan Investment Management Co., Ltd.
Work highlights
- Represented Youshan Capital in its investment in the US$720 million Series C financing of Abogen Therapeutics Limited.
- Represented Keep Inc. to consummate the series F financing with a total investment among of USD 355 million.
- Represented Lake Bleu Capital on its series crossover investment to Biocytogen Pharmaceuticals (Beijing) Co., Ltd.
China > Projects and energy: PRC firms Tier 3
Commerce & Finance Law Offices advises both state-backed and private companies in the energy field. Xinggao Pan is the key practitioner, representing the State Grid, among other large power corporations. Energy financing and transactional work is one of the core strengths of the practice. The firm’s overseeing of the acquisition of several photovoltaic project companies constitutes some notable work. Wei Chen advises on mergers and acquisitions in the energy field as part of her broader corporate practice.Practice head(s):
WU Gang; KONG Xin; ZHANG Xinyang; ZHANG Xiaoman; PAN Xinggao; LI Hongji ; DUAN Jieyun; CHEN Wei; CHENG Yiqun; JIANG Haitao; LIU Tao
Other key lawyers:
Shang Juan
Testimonials
‘The team has extensive experience in the energy sector, particularly in new energy, and is a good match for our company’s development needs. The team cooperated positively with our work requirements and arrived at the project site quickly, with experienced and sufficient numbers of personnel.’
‘The team is very familiar with the policies and workflow related to new energy investments, and they carry out and complete their work efficiently, with results that meet the requirements of decision making and a very high level of cooperation.’
‘The team was highly rated by their peers. Their service attitude is excellent and their work is very competent, and the partner, Ms. Shang Juan, personally leads the team in the field work and pays attention to the quality control of the work.’
Key clients
Yixing hexin energy co., Ltd.
Jiangsu Hesheng New Energy Co., Ltd.
STATE GRID
Gezhouba Group Stock Company Limited
State Grid International Development Limited
China International Capital Corporation Limited
China Energy Reserve and Chemicals Group Company
Guochu Huijin Capital Management Ltd.
Morgan Stanley & Co., International PLC
Bestway Marine & Energy Technology Co., Ltd.
Wuhu Power Generation Co., Ltd.
China National Offshore Oil Corporation
Shanxi Tian Jian Hua Xia Business Trading Ltd.
Shanxi Jin Bang Energy Technology Group Limited
Mari Mundi III Limited.
Xinjiang Silk Road Qian Yuan Energy Co., Ltd.
China Power International Development Limited
CPIC Xinjiang Energy & Chemical Group Turpan Co., Ltd.
China Power Investment Xinjiang Energy and Chemical
Group Aksu Co., Ltd.
Yingli Energy (China) Co., Ltd.
State Power Investment Group Hainan New Energy
Investment Co., Ltd.
China National Offshore Oil Corporation
CNOOC Investment Holdings Ltd.
CNOOC Finance Co., Ltd.
CPI New Energy Chemical Group Mulei New Energy Co., Ltd.
Tower Energy Co., Ltd.
China Electrical Equipment Group
China > Corporate and M&A: PRC firms Tier 4
Commerce & Finance Law Offices offers expertise in the full range of corporate transactions, including M&A, joint ventures and share sales and acquisitions. The team’s client base includes PRC companies and SOEs across a variety of sectors, including technology, infrastructure, energy and real estate. Key figures in the team include Xiaoman Zhang, Xinyang Zhang and Xinggao Pan, all of whom are based in Beijing. The group also has offices in Shanghai and Shenzhen.Practice head(s):
Other key lawyers:
Xinyang Zhang; Xinggao Pan; Juan Shang
Testimonials
‘The team has extensive experience in the M&A sector and is highly regarded by other companies. We approached this team on the recommendation of other peers and were assisted by the high quality and professionalism of the service staff and the strong and efficient teamwork that helped us to complete the assignment quickly and efficiently.’
‘The team responded to our needs in a timely manner and our partner, Juan Shang, personally led the team to the site and participated in the work with great efficiency and service. The team’s outstanding professionalism and ability to think from the client’s perspective has supported and informed our decisions.’
Key clients
Yixing hexin energy co., Ltd.
Jiangsu Hesheng New Energy Co., Ltd.
CK Asset Holdings Limited
SF Holding Investment Limited & S.F. Holding Co., Ltd.
China International Capital Corporation Limited (CICC)
Hainan Strait Shipping Co.,LTD
China Modern Dairy Holdings Limited
GL Gyn Investment L.P (“GL”)
Jinxin Fertility
Hesai Technology
Shangda Capital
Hubei Port (Hong Kong) International Limited
Kunlun Tech Co.,Ltd.
China National Offshore Oil Corporation
COSCO SHIPPING Ports Limited
Wuhu Power Generation Co., Ltd.
Canaan, Inc.
Shanghai Houhan Information Technology Co., Ltd.
Bilibili Technology Co., Ltd.
DataGrand Technology (Shanghai) Co., Ltd.
Ningbo Jianshi Technology Co., Ltd.
Cathay Media and Education Group Inc.
Taiying Technology Group Co.,Ltd.
GL Hospital Investment III L.P (“GL”)
Xinjiang Silk Road Qian Yuan Energy Co., Ltd.
China Power International Development Limited
CPIC Xinjiang Energy & Chemical Group Turpan Co., Ltd.
China Power Investment Xinjiang Energy and Chemical Group Aksu Co., Ltd.
State Power Investment Group Hainan New Energy Investment Co., Ltd.
Mech-Mind (Beijing) Robotics Technologies Ltd.
Shanghai JuneYao Healthcare Technology Co., Ltd.
Shanghai Rennuo Health Co., Ltd.
CPI New Energy Chemical Group Mulei New Energy Co., Ltd.
Work highlights
- Advised Henan Chaojuneng Technology Co., Ltd. on its acquisition of xFusion Digital Technologies Co., Ltd.
- Advised CK Asset Holdings Limited on its acquisition of four European infrastructure businesses indirectly held by the Li Ka Shing Foundation.
- Acted for China Energy Engineering Corporation Limited in its absorption of and merger with China Gezhouba Group Stock Company Limited, becoming an A+H listed Company.
China > Intellectual property: PRC firms Tier 4
Commerce & Finance Law Offices is regularly mandated for complex IP disputes. Mingtao Chen, whose experience includes major IP litigation involving copyright, trade marks, patents and unfair competition, heads the firm's IP practice, alongside film and television copyright expert Jing Chen; and experienced dispute resolution practitioners Hongji Li and Qiang Cui.Practice head(s):
Mingtao Chen; Jing Chen; Hongji Li; Qiang Cui
Key clients
Beijing Baidu Technology Co
Sichuan Lanjian Yinghuashan Natural Mineral Water Co
Canaan Creative Co
Tower Energy Co
360 Security Technology Co
Eastern Pioneer Driving School Co
Teddy Mobile Technology
Work highlights
- Represented 360 Security Technology in a trade secret case against Jiangsu Bainianmeng New Energy Technology.
- Acted in a patent design infringement dispute.
- Acted for Beijing Baidu Technology Co in an IP infringement matter.
China > Data protection: PRC firms
China > Life sciences and healthcare: PRC firms
China > WTO/international trade: PRC firms
Commerce & Finance Law Offices > Firm Profile
Commerce & Finance Law Offices (“Tongshang”) is one of the first truly private partnership and one of the best commercial law firms in China. Founded in 1992, Tongshang has steadily built up its well-recognized practice and reputation in capital markets, corporate/M&A, private equity, dispute resolution, banking and finance, new economy (TMT, healthcare and education), competition and antitrust, investment fund, restructuring and insolvency, regulatory, labor and employment, wealth management, real estate and construction and intellectual property. Tongshang is dedicated to providing advice and expertise at the highest levels.
Commerce & Finance Law Offices is one of the eight “red circle” law firms in China. Since its establishment, it has been focusing on major industries in the world, and has been deeply involved in the legal service market. Accordingly, it has created several major projects with extensive market influence that have changed and reshaped the industry structure, and is thus highly recognized both in and outside the industry: it is one of the legal advisors who are most frequently engaged in overseas listing projects, in which it not only serves as the legal advisor to the issuers, but also the Chinese legal adviser of the underwriters; moreover, it is also one of the law firms who have participated in the largest number of projects for Chinese companies to go public overseas.
Commerce & Finance has steadily built up its practice and reputation. At present, it has branch offices in Beijing, Shanghai, Shenzhen, Hong Kong, Chengdu, Hangzhou and Wuhan, with more than 700 professionals in C&F, including more than 100 partners and more than 500 attorneys and paralegals. All attorneys in C&F graduated from top-ranking universities in China; in particular, a number of them have obtained doctoral and master’s degrees from prestigious law schools in the United States, Canada, and the United Kingdom, and have internship or work experience in law firms in the UK, the US, Canada, Japan or Hong Kong respectively.
Most firms provide legal advice, we deliver business solutions.
Main Contacts
| Department | Name | Telephone | |
|---|---|---|---|
| Corporate and M&A | Xiaoman Zhang | ||
| Corporate and M&A | Gang Wu | ||
| Real estate and construction | Jialu Wang | ||
| Real estate and construction | Fengliang Liu | ||
| Capital markets | Li Cheng | ||
| Capital markets | Xin Kong | ||
| Acquisition and private equity financing | Qinghai Hou | ||
| Acquisition and private equity financing | Bo Wang | ||
| Outbound investment | Xiaoman Zhang | ||
| Outbound investment | Gang Wu | ||
| Banking and finance | Xuerong Hu | ||
| Banking and finance | Wei Chen | ||
| Intellectual property | Jialu Wang | ||
| Dispute resolution | Hongji Li | ||
| Dispute resolution | Jialu Wang | ||
| Private equity | Xinyang Zhang | ||
| Private equity | Lingyun Dai | ||
| Corporate compliance | Yi Zheng | ||
| Corporate compliance | Xiaofei Xu | ||
| Labour | Hongji Li | ||
| Labour | Jialu Wang | ||
| Tax | Zhou Ma | ||
| Tax | Xiaoman Zhang | ||
| Project financing | Jialu Wang | ||
| Project financing | Xiaoguang Lu |
Staff Figures
Number of partners : 101 Number of lawyers : 500+Languages
English Mandarin Cantonese German JapaneseOther
Website : www.tongshang.com WeChat : tongshanglawClient Testimonials
CLIENT: Wenqian Zhu
COMPANY/FIRM: Meituan Dianping Inc.
TESTIMONIAL: Commerce & Finance Law Offices (“Tongshang”) handled a series of complex and innovative projects for Meituan Dianping, including multiple asset sales projects and mergers and acquisitions projects.
In the absence of industry precedent and under the circumstance of uncertain regulatory policies, Tongshang provided us with practical and effective business solutions, which maximized commercial benefits for us in the projects, and achieved efficient and smooth closing of the projects.
Lawyers of Tongshang have flexible business thinking and a solid legal background. When dealing with many cutting-edge and innovative issues in the new economic field, they can always provide feasible solutions with business insights in a timely manner. Tongshang is our first-choice law firm.
CLIENT: Hongyi Jia
COMPANY/FIRM: Beijing Kuaishou Technology Co., Ltd.
TESTIMONIAL: Lawyers of Commerce & Finance Law Offices (“Tongshang”) are knowledgeable, experienced, and highly qualified. Tongshang is one of the most outstanding law firms in the field of capital market, investment and mergers & acquisitions. Tongshang is a trusted partner, and one of our top law firms for investment and mergers & acquisitions projects.
Tongshang always puts the needs of clients first. Tongshang and its lawyers have outstanding and comprehensive capabilities. They can always view from the perspective of client’s commercial purpose and are good at combining law with accounting, taxation, and financial methods to provide clients with compliance, efficiency and professional legal solutions. We highly recognize the rich experience in the field of capital market of Tongshang.
CLIENT: Junguang Xiao
COMPANY/FIRM: COSCO SHIPPING Holdings Co., Ltd.
TESTIMONIAL: Commerce & Finance Law Offices (“Tongshang”) has been serving COSCO for more than ten years. All major capital restructurings, investment mergers & acquisitions and other capital operations of COSCO have been participated and led by Tongshang and its lawyer. Lawyers of Tongshang have a wealth of knowledge, superb legal skills, and is proficient in domestic and overseas listings and related mergers & acquisitions. Tongshang and its lawyer are very innovative and are good at global structural design. They are thoughtful and can quickly understand what customers want. During the implementation of the projects, they paid great attention to practical operations, effectively escorted the company with their deep understanding of laws and policies.
CLIENT: Liwen Zhang
COMPANY/FIRM: Shuanghui Development Co., Ltd.
TESTIMONIAL: Commerce & Finance Law Offices (“Tongshang”) has a very deep understanding of the business model and business philosophy of the consumer in the field of goods industry. At the same time, Tongshang and its lawyer also have a keen sense of the regulatory policies and wind direction of this industry, which allows them to execute the project efficiently and accurately, fully consider the legal concerns in each stage of the project and the entire growth process of the enterprise in time, handle the problem through creative transaction structures and provide brilliant legal service solutions. We believe that Tongshang and its lawyers are rare mentors and friends in the development of our company.
CLIENT: Hongwei Wang
COMPANY/FIRM: CCB International (Holdings) Co., Ltd.
TESTIMONIAL: Lawyers of Commerce & Finance Law Offices (“Tongshang”) have a rigorous work style and a strong sense of responsibility. We highly recognise them for their professionalism. Lawyers of Tongshang always devoted to and deliberate on cases. Facing the unfavorable situation of major changes in judicial interpretation, Tongshang lawyers have neither shown fear nor shirk responsibility, they are always full of confidence and fighting spirit, regarding difficulties as a challenge and remaining calm. At the same time, Tongshang also helped us adjust our mentality and change our litigation strategy in a timely manner, which gave us great confidence. Tongshang can always accurately grasp the direction of the case and propose a reliable litigation solution.
CLIENT: Ya’nan Wang
COMPANY/FIRM: Century 21
TESTIMONIAL: Lawyers of Commerce & Finance Law Offices (“Tongshang”) are experts in commercial dispute resolution, they can quickly become familiar with the client’s business model, understand the business logic behind and put forward unique and pragmatic solutions based on the specific situation of our company. In response to the disputes, Tongshang lawyers was able to quickly find the key points to solve the problem and propose effective solutions for us. Based on years of experience in commercial dispute resolution, Tongshang assists us in our business negotiations. Often, Tongshang lawyers can use their excellent negotiation skills to help us achieve our goals and obtain maximum benefits at the lowest cost.
Legal Briefings
Ad hoc arbitration in China
As one of the largest economies, China has been dedicated to a pro-arbitration jurisdiction, promoted by a favorable policy environment. As the original form of arbitration, ad hoc arbitration widely exists in international practice. However, the current arbitration law of the People’s Republic of China (‘arbitration law’) only provides for institutional arbitration whereas ad hoc …