With the global disposition of Chinese enterprises in recent years and various Chinese regional strategic development policies being put into place, the arbitration industry is also welcoming a brand new development situation.
To create an agglomeration of world-class cities with Beijing at its core is the overall positioning and overarching objective of the co-ordinated development of Beijing, Tianjin and Hebei. As this development idea becomes a state strategy, it has become one of China’s most closely watched developing regions. Located here are some of China’s premier science and technology, cultural and talent resources, and financial institutions. The headquarters of enterprises under the central government are also concentrated here.
Deputy Director and Secretary-General
Langfang Arbitration Commission Board
Following in the footsteps of the Shenzhen Special Economic Zone and Shanghai Pudong New Area, the development of the Hebei Xiongan New Area is another project with national significance. The co-ordinated and joint development of the Beijing-Tianjin-Hebei and Beijing-Tianjin-Xiongan regions is accelerating, creating opportunities for the realization of co-operative and win-win situations for market entities, and bringing inspiration and prospects for enterprises in those regions to go global.
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Cheng Wen is deputy director and secretary-general of Langfang Arbitration Commission, and a member of the China Academy of Arbitration Law. She can be contacted on +86 31 6233 9717 or by email at chengwen@lfac.org.cn
