AI Issue 4 2018 - John Harrison & Company

40 Acquisition International - Issue 4 2018 City Development Law Firm was established in Shanghai in 1992, specialising in construction, real estate, real-estate financing market, PPP and EPC. The firm has 16 branches across China. Recently, we sat down with Deputy Director of City Development Law Firm, Cao Shan who revealed to us more about the firm and their remarkable success. stablished in 1992, City Development Law Firm specialises in construction, real estate, real-estate financing market, PPP and EPC. Beginning this interview, Cao starts by explaining to us the firm’s approach when undertaking a new client, as well as how they ensure right from the start that the outcome meets the needs of everyone involved. “Here at Shanghai City Development Law Firm, we always obey the related laws and regulations of China, strictly when providing professional legal service to our clients. The approaches in litigation practice and non-litigation practice are different. As such, we have different groups who are trained to protect the interests of our clients’ in both practices of litigation and non-litigation. Also, we are confident since we have accumulated rich experience in the field of Construction and Real Estate, but most importantly is that we understand and have mastered the knowledge of laws and regulations exquisitely. Above all, we have formed a standard operation procedure and a quality supervision procedure which can guarantee the best outcomes of each case.” When discussing the firm’s ongoing strategy, and the techniques the team employ to ensure that they are able to achieve their mission. “Since China is developing rapidly, which can be seen in the construction and real estate field, City Development is always devoted in the study of the changing market, as well as taking initiative. For example, we have been commissioned to be the drafter of ‘Housing and Urban Infrastructure EPC Management Regulation’ by Market Supervision Administration of Housing and urban-rural development of the People’s Republic of China. We are trusted because of the earned excellent records in practice, dedication and professionalism.” Contact: Cao Shan Company: Shanghai City Development Law Firm Hong Kong Square South 31, 283 Huaihai Zhong Road Shanghai 200021 China Phone: 0086 21 52393188 Web: www.jianwei.com CreatingOpportunities E 1804AI39 It is no secret that behind every successful firm, is a team of passionate individuals who are all working together to help elevate the company to new heights. For City Development Law Firm, Cao praises the talented team, highlighting the ways in which she has cultivated an atmosphere that is conductive to a productive working environment. Speaking of success, Cao points out some of the attributes she believes are essential to achieving success within the industry. “In the firm, everyone is required to obey the firm’s protocols which covers legal practice, administration and interpersonal communication. On a regular basis, we have professional training sessions for all the staff, as well as collective tourism to strengthen our connections to each other. As a result, the overall working environment is wholesome and friendly. “As for the attributes essential to achieving success, I believe they are accurate comprehension and mastery of the laws, regulations and policies which are important and basic requirements. Inter-disciplinary knowledge will also help you figure out the critical points in every case. However, the most important thing to achieve success, in my view, is that you need to do continue your efforts and keep going on.” Bringing the interview to a close, Cao provides us with an overview of the current state of the industry, as well as foreseeing key developments that may shape both the firm and the sector. “China is going through supply-side reform, which requires the large-scale construction enterprises, leading real-estate companies and urban development service providers to hoist their capacity in construction, management and financing, learning from advanced peers in other countries. For example, EPC and BIM will be a trend in next ten years. PPP+EPC is widely discussed since it combines the two new trends. The firm and myself are also devoted to this field to provide excellent consultation to clients. “As for the future, the whole process for engineering consultation will be adopted in coming years. PPP consultation is part of the engineering consultation, which means agencies will see stricter regulations. Law firms may receive more attention due to being the ones who are able to help people prevent risks, which is why our firm needs to grasp onto the opportunities that may follow.” “Here at Shanghai City Development Law Firm, we always obey the related laws and regulations of China, strictly when providing professional legal service to our clients.”