It took 12 years to bring China’s Enterprise Bankruptcy Law into existence, with it finally being enacted on 1 June 2007. On 16 April 2024, during the 23rd Chairman’s Meeting of the Standing Committee of the 14th National People’s Congress, the first revisions to the Enterprise Bankruptcy Law, agreed over a full six years, will be incorporated into the annual legislative work plan.
Bankruptcy trial work
Amid the cyclical economic adjustments and structural transformations affecting various industries, Chinese courts persist in their active response to both domestic and international risks and challenges. This concerted effort aims to refine the business environment and foster the development of novel productive…
