2019 Japan Exchange Delegation from Beijing DHH Law Firm Visited Tokyo
Release time：2019-12-06 14:41
In recent years, China-Japan relations has been back to normal and shown positive momentum of development. China-Japan economic and trade pragmatic cooperations have great potential, and the demand for Japanese-related legal services is growing. Beijing DHH Law Firm continues to increase investment in Chinese and Japanese corporate legal services. Recently, Japan Business Department of DHH formed another delegation to visit Japan after successfully holding the Briefing on Investment in Japan in Shanghai on August 16 this year. The delegation was led by Huadong Tang, Director of Beijing DHH Law Firm Shanghai Office, Keqing Zhao, Management Director and Jie Xu, Executive Director of Finance and Trust Center, and joined by backbone members of the Japanese Business Department Guiwen Tong, Hua Liu, Qian’e Yang, Bin Wang, and Jiyue Wang.
On the afternoon of November 22, the "China Investment Environment Briefing", co-organized by Beijing DHH Law Firm Shanghai Office and J-SCORE, a general corporate legal entity, was held in Tokyo. After a brief explanation of the main purpose of the meeting by the President Takehisa Matsui, lawyers of DHH's Japanese business department gave a wonderful speech on the four hot topics of finance, taxation, FTZ and anti-monopoly regarding current China investment environments.
Ms. Hua Liu's sharing theme is "China's Policy of Accelerated Financial Opening and Foreign Investors’ Focus". She explained that in recent years, China has launched a series of major financial opening initiatives and that China's financial system has been expanding and opening up. Recently, the State Council has issued a clear statement to lower the entry threshold for foreign banks, and further relax the scope of business restrictions for foreign banks and other financial institutions in China. In this context, foreign financial institutions have stepped up building the Chinese market and overseas capital has also accelerated inflows. Foreign investors’ participation in China's global financial investment market brings both opportunities and challenges, therefore legal risk prevention and control are essential.
The theme of Ms. Guiwen Tong's sharing is "China's Tax System Reform and Related Preferential Policies". The topic of taxation is always the focus of foreign-invested enterprises. After a review of China's tax system framework and tax reform history and evolution, Guiwen Tong gave a detailed description of the future direction of tax reform, such as reducing the tax burden, strengthening tax, simplifying procedures and other content by data visualization to the representatives of the participating enterprises.
Mr. Bin Wang gave a presentation on "The Commercial Arbitration System of the China Free Trade Pilot Zone". Free Trade Zone policy is changing fast, and arbitration is the most popular way of foreign-invested enterprises to resolve disputes. Ms. Bin Wang combined the two and brought a wonderful talk, which left a deep impression to the audience.
Mr. Qian’e Yang focused on "The Monopoly Agreement of China's Anti-monopoly Law Practice and the Risk of the Operator's Centralized Declaration", which gave the participating Japanese enterprises a relatively clear understanding of China's administrative field through an in-depth introduction. At the same time, on behalf of DHH Chengdu Office, Mr. Yang introduced the investment environment in Chengdu, and actively invited Japanese companies to go to Chengdu and western part of China.
In the interactive exchange session, business representatives of the participating enterprises enthusiastically asked questions and showed great interest in investing in China to which the members of the delegation responded positively. Directors of Shanghai Office Huadong Tang and Keqing Zhao and Director of Finance and Trust Center Jie Xu, on behalf of the Group, warmly welcome everyone to China to learn more about DHH.
After the meeting, the delegation spent three days visiting local Japanese associations, enterprises, law firms and accounting firms, including four associations of Japan Association for the Promotion of International Trade (JAPIT), Commercial Legal Affairs Research Society of Public Interest Association, Kanagawa Lawyers Association, and Japan-China Friendship Center; six enterprises of NEC Corporation, Nihon Denkei Co., Ltd., Taiyo Yuden Co., Ltd., Huobi Japan Co., Ltd., Resona Holdings Inc., M&A CAPITAL PARTNERS; five professional service organizations of Nishimura & Asahi Law Firm, SPRING Law Firm, ZELO Law Firm, Haraguchi Law Firm, and PricewaterhouseCoopers. They conducted in-depth and extensive exchanges on the operation of DHH Tokyo office and DHH Japanese business.
Through this exchange visit to Japan, Beijing DHH Law Firm has raised the firm's overseas visibility and promoted representative office of DHH which will be established soon in Tokyo. The Japan Business Department will continue to take advantage of the results of this exchange and help the Group's Japan-related legal services to reach a new level.
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