Fifteen Shanghai-based law firms have established 31 overseas branches that have helped many Chinese enterprises go global, the Shanghai Municipal Bureau of Justice announced at a recent media event.
The construction of the Maritime Silk Road Central Legal District plays an important role in the Belt and Road Initiative's development and the country's law-based governance, experts and officials said.
Shanghai law firms are expanding overseas in order to provide legal services for the growing number of Chinese companies going global, according to the Shanghai Bureau of Justice.
A cooperation mechanism on foreign law ascertainment of the Belt and Road arbitration institutions was initiated on Wednesday at a forum held in Beijing.
Ministry of Justice of the
People's Republic of China