14 September 2018 – King & Wood Mallesons is proud to co-sponsor China Daily's 5th Vision China event held in London on 13th September 2018, with distinguished guest speakers delivering their views on "40 Years on: China and the World." Addressing Chinese reform and opening up since 1978, and where China and the world are now heading.
Keynote speakers included His Honorable Xiaoming Liu, the renowned economist Jim O'Neill, Nikhil Rathi CEO of London Stock Exchange, Xiaolan Fu, Professor of Technology and International Development at Oxford University, and Martin Jacques, author of 'When China Rules the World.' Introductory speeches were delivered by China Daily's Editor-in-Chief, Zhou Shuchun, and King & Wood Mallesons Senior Managing Partner and Global Chief Operating Officer, Rupert Li.
Addressing Vision China's audience, Rupert Li comments: "Fast forwarding 40 years to 2018, China has come a long way. Our achievements are commendable, and many have wondered, what are the host of reasons contributing to China's reform and opening up?"
As a member of China's legal profession, Rupert Li offered three reasons for China's successful development:
First, China's nascent Rule of Law has been a principal factor in ensuring the success of China's reform and opening up. Amongst developing countries in general and BRICs countries in particular, China offers the best protection for investments by foreign investors.
Second, China could not become the world's leading trading power unless we have respect for the spirit of contracting.
Third, China has been an ardent follower of best practices and legislation globally ranging from money laundering, to data protection, to patent registration.
Rupert Li adds: "After 40 years of reform, the onus is now on us to keep up the opening as we have repeatedly done so by different government officials and party luminaries. We have reaffirmed our commitment to Rule of Law, in addition to our avowed adherence to globalization. We hope that our friends in the UK continue to have faith in us and we will overcome our difficulties and improve our institutions and adopt best practices."
Vision China is a series of talks organized by China Daily. The London Vision China event was attended by over 200 high level executives as well as audiences throughout China Daily's communications platforms worldwide.
China Daily is a Chinese national English-language newspaper founded in 1981, with a global circulation of 900,000 copies and 45 million print and web readers worldwide. It is one of the most-frequently quoted Chinese media around the world and has 34 print sites overseas.
