3rd Forum on China’s Economic Development and Legal Regulation and Release Conference 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? 

From a mesoscopic perspective, as China’s economy gradually enters a moderate-speed growth stage, the scale of China’s non-performing asset further rises in recent years, kicking off a new round of disposal of non-performing asset. Whether seen from macroeconomic policy, regulatory policy, or industry chain development, significant changes have taken place in the non-performing asset industry. What new trends does non-performing asset industry chain development take on? How to give play to the function and effect of non-performing asset market in dissolving financial risk? How to construct and promote non-performing asset’s legal system under the trend of financial regulation innovation? The non-performing asset industry is an important part of China’s financial system, and it’s imperative to pay attention to its present development situation and future trend. 

Against this backdrop, Beijing DOCVIT Law Firm as a professional supporter will, together with the Green Legal Global Alliance (GLGA), jointly hold 3rd Forum on China’s Economic Development and Legal Regulation and Release Ceremony of GLGA Blue Book of China’s Non-performing Assets 2018.

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Beijing Docvit Law Firm (Docvit in short), which was established in 2003, is one of the few earliest law firms instituted as a corporation rather than partnership in China. Aimed at building a high quality law firm with professional competence, Docvit fostered innovation under its unique system of operating as a large-scale corporation. Benefited with its core-competitiveness, such as international insights and full IT application management mode, to name some of them, Docvit pursued cross-border development and established an image of high-end brand in a industrialized market. In 2015, Docvit was ushered into a “3.0 era” of moderate-scale development, which witnessed the gradual formation of nation-wide and world-wide layout with the start-up of branch offices in Tianjin, Jinan, Shenzhen, Shanghai, Chengdu, Taiyuan, Hong Kong, London and other places in succession.