On the evening of October 24, 2023, Ernst&Young's China Overseas Investment Business Department successfully held a high-quality "going out and introducing" opportunity in the new era of overseas investment in Beijing - China Overseas Investment Enterprise Forum and Reception Dinner. More than a hundred government and enterprise representatives, experts and scholars who have been active in overseas investment, as well as several professionals from different countries, totaling nearly 300 people, attended this banquet. Lawyers Fan Chao and Qian Wenjie, senior partners of Gaopeng Law Firm, were invited to participate in this forum and had in-depth discussions with on-site guests on hot issues affecting Chinese enterprises' overseas investment, sharing beneficial experiences.

Lawyer Fan Chao (first from right), Lawyer Qian Wenjie (first from left)

This forum will discuss and share topics such as how Chinese enterprises' "going global" can promote the new pattern of China's "dual circulation" economic development, the new characteristics and regional opportunities of Chinese enterprises going abroad, the new challenges and response measures faced by Chinese enterprises going abroad, under the current situation where China's economy and society are fully restored to normal operation in 2023. It advocates that Chinese enterprises continue to "go global" and layout globally; At the same time, actively "introduce" overseas resources, improve efficiency, and jointly build a new development pattern of domestic and international "dual circulation" economy. We call on Chinese enterprises to actively seize the opportunity of internationalization development, as well as properly respond to the potential risks of overseas investment, take advantage of the situation, and coordinate and make good plans and decisions for going abroad under the new situation.

Group photo of lawyer Gao Peng and foreign guests

Group photo at the meeting site

During the forum, Lawyers Fan Chao and Qian Wenjie communicated and exchanged ideas with professionals from various regions around Ernst&Young on the latest hot issues, trends, opportunities, and challenges of Chinese enterprises' overseas investment. They also introduced the legal services provided by Gaopeng Law Firm in professional fields such as international trade, dispute resolution, export control, and corporate compliance to guests on site, and shared legal professional perspectives and experiences, Help Chinese brands become famous all over the world.

At the same time, lawyers Fan Chao, Qian Wenjie, and representatives at the conference discussed the opportunities and risks faced by Chinese enterprises going abroad, and had in-depth exchanges and discussions with relevant personnel and tax experts attending the conference on issues such as the EU's anti subsidy investigation of electric vehicles in China and the response strategies of Chinese enterprises.

During the discussion, we also learned about the obstacles and concerns faced by China's new three types of enterprises, represented by electric vehicles, lithium batteries, and solar cells, in the process of cross-border investment and development. Gaopeng will develop precise prevention measures and response strategies from a legal perspective to address these issues, and work with Ernst&Young Investment Advisors to seek more efficient solutions, providing more comprehensive and professional legal services for Chinese enterprises that are "going global".

Group Photo