Liu Guangchao, director of the DOCVIT Law Firm was invited to attend and adressed on 2017 Industrial Economy Frontier Forum
Source: Time: 2017-07-24 15:18:16 Author:
On April 8, 2017, the 2017 Industrial Economy Frontier Forum hosted by the Department of Industrial Economy, School of Economics, Peking University and Institute of Digital China - Peking University was held successfully in Beijing. Over 200 guests including leaders of related national sectors, famous economists and professors at home and abroad, experts and scholars of finance, law, culture and other fields as well as well-known entrepreneur representatives and industry elites, were invited to attend the ceremony.
Liu Guangchao, director of Beijing DOCVIT Law Firm and secretary general of Green Legal Global Alliance, attended the forum and delivered the keynote speech as the representative of co-organizer, and the speech content is as below:
A lawyer should be the reader of economic operation and the participant of economic rules
Distinguished Academician Tong, Academician Yang, Professor Cao, leaders, teachers and colleagues:
Good afternoon, everybody! I'm very happy to return to alma mater to attend the forum. First, as one of the co-organizers, I, on behalf of Green Legal Global Alliance, express my congratulations to the successful convening of the forum and the establishment of Xiatang Boya Association. I respect and admire that the forum is positioned on "industrial economic development frontier" and focuses on "future economy · future era · future people". It is a topic concerning national development, economic operation, social progress, each of our market subjects and even individuals, which involves considerations from macro, medium and micro levels. A forum like this will surely yield plentiful fruits with a double meaning of theory and practice. It is my great honor to witness the process and listen to the insights of all leaders and experts. Meanwhile, I'd like to pay my respect to the innovations and contributions made by the Institute of Digital China under the guidance of Academician Tong and Academician Yang in cross-border development, smart city and other fields and in such aspects as interaction of colleges and universities with local governments, the fusion of industry and capital, etc.
Green Legal Global Alliance is a cross-border alliance founded with Beijing DOCVIT Law Firm and many other institutions as the major sponsored units, which focuses on the fusion of law with other industries, emphasizes medium view and professional elements, concerns industrial policy and industry pain points. It sets research institute and many sub-alliances and now has over 200 member units. By studying frontier issues, holding theme forum, salon seminars, developing system curriculum, building Internet platform, creating database and so on, we hope and always devote ourselves to building a green and three-dimensional legal ecosphere. We hope to have the opportunity to discuss and cooperate with you all.
I'm a layman in economics and industrial development. Today, I'd like to talk about a few of my simple views and discuss with everyone only from the angle of law and cross-border and from the view of an ordinary public.
The first aspect is about industrial economic development. Besides the consideration of economics, I superficially believe there are some factors we cannot ignore. First is the development trend of global economy; second is the development and change of national governance method; third is the subversion of scientific and technical revolution to industries, and the fourth is strength of law, society, culture and other non-economic factors. All these factors will make a great difference to industry environment, policy, trend and space, etc. We may also need to consider comprehensively when judging frontier trends of industries. It is a big knowledge and we expected enlightened views of everyone to bring inspirations and impacts to us.
The second aspect is about what roles an affiliative platform or a similar institution can play under the big wave of industrial economic development. In my opinion, the first is to become a think-tank platform, the second is to become a research-based platform, the third is to become a communication platform, the fourth is to become a cooperative platform and the fifth is to become an investment-oriented platform, or surely to be the complex of all above. Anyway, in aspects of industry research, industrial development, cross-border discussion, economical participation and so on, affiliative institutions all have a brilliant future. We believe and also expect the Xiatang Boya Association launched by the sponsor surely will set the example in such aspect. Of course, we will also diligently strive on the road of Green Legal Global Alliance. I hope we can have more opportunities to study, discuss and cooperate.
The third aspect is about the relation between law and economy. How to understand the function of law in the process of economic development. It is an interesting topic. Our legal service has a quite close relation with economy and is also deeply influenced by economic development and industrial reform. The education we received tells us that law is the superstructure and industry is the economic base. The economic base determines superstructure while it reacts to economic base. But, we find in practice that the relation between economy and law is not so simple or absolute. The form, angle and degree of its presentation are different as well. But, there's one point we are more and more convinced, that is to say, the law is lagging behind economic development anyway. But a law excessively lagging behind economic development will hinder the development of economy. This is mainly reflected in legislation. The idea and technique of legislation reflect to some extent the gradation and level of the state governing economic society. Besides, lawyers must follow steadily the pace of economic development and continuously make their services industrialized and field-divided. And a lawyer should be the reader of economic operation, the participant of economic rules, the co-creator of business mode, the designer of legal program and the implementor of customer's benefits, to develop non-standard service products, update service system and optimize service mechanism. Only in this way, can we possess the ability to talk with economists and entrepreneurs, the basis for cooperation and the real existence value. I sincerely hope to seek advice from you all and discuss these issues with you all.
At last, I sincerely wish this forum a complete success!
Thank you very much!
Relevant Recommendation
Docvit News | Mr. LIU Guangchao got shortlisted in the Expert Bank of the First Equity Investment Plan and Insurance Private Equity Fund Evaluation of Insurance Asset Management Association of China, and became an expert both in the in insurance fund creditor's rights and equity investmentDocvit News | Mr. LIU Guangchao was elected as the council of the 11th Beijing Lawyers AssociationDocvit News | Mr. LIU Guangchao participated in the "Equity Investment Plan and Insurance Private Equity Fund Evaluation Expert Training Seminar" of Insurance Asset Management Association of China and obtained the expert appointment letterDocvit News | Mr. LIU Guangchao was invited to attend China Finance 40 Forum Annual Conference in 2019 - special theme seminar, and obtained the letter of appointment as a council.
May be interested
Professional Team
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
- O
- P
- Q
- R
- S
- T
- U
- V
- W
- X
- Y
- Z
Professional Interpretation
More-
Preventing corporate governance risks under new Company Law2024-07-03The new Company Law promotes the transformation of corporate governance from shareholder primacy to director primacy. This imposes governance responsibility on entrepreneurs such as directors, supervisors, officers (DSOs) and actual controllers of a company, increasing their risk of performing duties with their personal property at stake. Therefore, reducing the risk of entrepreneurs and their families facing compensation over corporate governance is of great concern. -
How to deal with the failures to fulfill duty of diligence?2021-10-25Both party A and party B are shareholders of company a, with a accounting for 30% of the shares and B for a state-owned enterprise holding company, accounting for 50% of the shares. Mr. Li is a director appointed by company B to company a, and also the head of financial department of company A. At the beginning of 2021, party A learned that there was still 1 million yuan of capital contribution of company B due but not paid in, and Mr. Li never called on company B according to his duty when he clearly learned that company B did not fulfill his obligation of capital contribution. In addition, Li used his authority to change the management authority of company A's office system, adjust the relevant processes and procedures of the company's internal management, and put pressure on the employees without reason, resulting in the failure of company A's normal operation for three consecutive months. In view of Li's behavior, how should company a and shareholders a protect the rights and interests of the company and themselves? -
Voting rights can be restricted if shareholders fail to invest?2021-08-24In recent years, the competition for corporate control has become more and more intense. The form of competition is no longer confined to the background, but gradually moved to the stage. In order to fight for corporate control, the disputes about the representation of corporate will caused by the internal power struggle in commercial cases are increasing. Voting right has also become the focus of contention among shareholders. If they fail to fulfill the obligation of capital contribution on schedule, there are serious differences among shareholders about whether their voting right can be limited. In the absence of special provisions in the articles of association, should shareholders vote according to the proportion of paid in capital contribution or the proportion of subscribed capital contribution?
About DOCVIT
MorePerformance
MoreAchievements of Docvit | We managed to win the bid for the legal service institutional repository of China National Nuclear CorporationAchievements of Docvit | We managed to win the bidding for the alternative repository of legal services intermediary institution of China Petroleum & Chemical Sales Co., Ltd. Shanxi BranchAchievements of Docvit | We managed to enter into contracts with several institutions and would provide regular legal services for them.Achievements of Docvit | We managed to get shortlisted in the external non-litigious lawyer repository of China Chengtong Holdings Group Ltd.
Brand Activity
More-
[08/31]Forum on Insurance & Insurance Asset Management Industries’ Innovation and Legal Health Development under the New Pattern of Financial Opening-up and Release Conference of Blue Book of Legal Health of China’s Insurance Industry 2018 (Index & Special Reports)
At present, China’s financial open-up has entered a substantial promotion stage, and as an important link thereof, opening-up of insurance industry plays a unique role in financial opening-up. Under the new opening-up pattern of finance and insurance industry, and in the new situation of pan-asset management and integrated development, it has become an urgent topic to discuss and study how China’s insurance asset management institutions should grasp development opportunities, meet challenges head on, how to promote standardized transformation and sound development of the insurance and insurance asset management industries, and how to achieve innovation and high-quality development in compliance. -
[08/17]Launch ceremony of DOCVIT bond default dispute resolution new product line and seminar on bond default disposal and bond market development under the new normal of economy
Halfway through 2019, how will the bond market perform in the second half of the year? How will various factors affecting the bond market work? Where are the investment opportunities? How do bond default disposal and bond market develop under the new normal of economy? In order to discuss the above issues in depth, Beijing DOCVIT Law Firm will hold a seminar “bond default disposal and bond market development under the new normal of economy”. At the seminar, DOCVIT bond default dispute resolution new product line will be released; the product line studies and analyzes the development environment of China’s bond market and the problems and challenges facing its dispute resolution in the context of the new normal of economy and, from a legal perspective, explores the new ideas on bond default disposal in the context of tighter regulation. -
[08/03]3rd Forum on China’s Economic Development and Legal Regulation and Release Ceremony of GLGA Blue Book of China’s Non-performing Assets 2018
In recent years, in the face of a complex international environment and arduous tasks of domestic reform, development and stability, China's economy has maintained a generally steady development trend. However, the Sino-US trade issue is still unresolved and, given the aftershocks of domestic market’s breaking the rigid payment, can China’s economy maintain low volatility and high-quality, stable development in the future? And what opportunities and challenges will China’s macroeconomic development face?