New Company Law is on the way

[dropcap]O[/dropcap]n January 10, Shanghai Municipal People’s Congress Standing Committee organized a legislative opinion consultation meeting regarding the “Company Law of the People’s Republic of China”.

 
The consultation meeting invited foreign, domestic, Taiwan, and Hong Kong-funded enterprises, experts and scholars, lawyers, grass-roots legislative contact point information personnel, and other representatives of different industries to participate.

According to Ge Weijun, a professor at the Law School of Fudan University and a consultant at the contact point, a wide range of groups will bring more voices to the formulation of laws, which can better protect the interests of all parties.