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THE FIRST CHINESE LAW FIRM LAUNCHES OFFICE IN LONDON

Added: (Sun Oct 29 2006)

Pressbox (Press Release) - PRESS RELEASE
29th October 2006

THE FIRST CHINESE LAW FIRM LAUNCHES OFFICE IN LONDON

Zhonglun W&D a Legal500 recommended full-service Chinese law firm has launched its office in London.

¡±While the Chinese legal market is still reserved to Chinese lawyers, our firm is taking a proactive step to open an office in the UK, with a view to make our services directly accessible by the UK businesses at their doorsteps;¡± said the Managing Partner Mr Haibin Xue, ¡°Our International Affair Team which is led by lawyers but involving accountants and PR specialists, is especially helpful to UK businesses who are considering to enter into China, now the forth largest economy in the world¡±.

With an average of 10% GDP growth in the last 2 decades and its developing legal system, China represents both opportunities and risks to foreign businesses entering Chinese market. To an extent, the Chinese regulatory environment is still something that the European business is not familiar with. For instance, before considering any investment in a particular industry in China, the Industrial Catalogue prescribed by the Ministry of Commerce of the P.R. China is always the starting point to ascertain whether the industry in question is an Encouraged, Restricted or Prohibited Industry.

As most of the Chinese law firms are heavily relying on referrals from foreign law firms who are restricted from practising Chinese law, Zhonglun W&D hopes its London office will increase the firm¡¯s market share advising foreign corporate clients on Chinese legal matters across a range of sectors, including regulatory compliance, intellectual property, finance, tax, energy and real estate.

The London office is based in the City of London, UK businesses who are interested in receiving the firm¡¯s monthly legal updates can register for the service on www.zhonglunwende.co.uk or by directly emailing the firm on legalupdates@zhonglunwende.co.uk

ENDS


Notes to Editors:

1) Zhonglun W&D is the trading name of Zhonglun W&D LLP registered in England and Wales.
2) Contact details are:
Mr Haibin Xue ¨C Managing Partner
Zhonglun W&D LLP
First Floor
111 Charterhouse Street
London EC1M 6AW
DDI Tel: 020 7553 4513
Fax: 020 7490 8510
Email: hxue@zhonglunwende.co.uk

Submitted by:Mr Haibin Xue
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