On July 15, International Rule of Financial LawSeminar, a special event of the 13th Lujiazui Forum, was held at the Shanghai International Convention Center. Chen Mingbo, Deputy Secretary-General of the Shanghai Municipal People's Government, delivered a welcome speech on behalf of the Shanghai Municipal People's Government. Liu Guixiang, Full-time Member of the Supreme People’s Court Judicial Committee (vice-minister level) and Grand Justice of the Second Rank, Liu Zhao, Member of the Leading Party Members' Group and Vice Minister of the Ministry of Justice, Liu Xiaoyun, Secretary of the Leading Party Members' Group, President and Grand Justice of the Second Rank of the Shanghai High People's Court, and Jiao Jinhong, Chief Lawyer of the China Securities Regulatory Commission, attended the seminar and delivered speeches. Huang Hongyuan, Party Secretary and Chairman of the Shanghai Stock Exchange, and Lin Wenxue, President of the Second Civil Adjudication Tribunal of Supreme People's Court and Senior Justice of the First Rank, also attended the seminar. Cheng Hehong, Party Secretary and Director of the Shanghai Office of China Securities Regulatory Commission and Member of the Standing Committee of Shanghai Municipal People's Congress, presided over the opening ceremony. The appointment ceremony for the first group of international financial law experts of the Shanghai High People's Court was held at the seminar. On the theme of Law-based Response to and International Cooperation for Financial Institutional Openness, the seminar conducted in-depth discussions on two topics: Justice and Supervision in Response to Institutional Openness of Capital Market and Diversified Settlement and International Collaboration of Financial Disputes. Zhao Hong, Party Secretary and President of Shanghai Financial Court, delivered a keynote speech. President Zhao Hong said that Shanghai Financial Court has always focused on rule establishment, system innovation, intelligent court construction and talent cultivation since its inception. From the four aspects of "establishing a diversified financial dispute settlement system across all fields," "creating a full-chain financial dispute settlement mode," "developing an intelligent litigation-mediation service platform fully online," and "conducting law-based judicial review to promote the smooth progress of arbitration procedures comprehensively", the court tries to establish a comprehensive online-offline platform for international financial dispute settlement that integrates mediation, arbitration and litigation, and create a new system for diversified financial dispute settlement. President Zhao emphasized that Shanghai Financial Court will, based on Chinese judicial practice, strengthen international collaboration, learn from mature experiences of other countries, improve the diversified financial dispute settlement system, enhance the expertise in dispute settlement, build an international dispute settlement platform, and make dispute settlement more convenient. She said that Shanghai Financial Court hopes to cooperate with all sectors of society to create a fairer and more efficient and convenient business environment under the rule of law and thus contribute to Shanghai's efforts to build Shanghai into an international financial center. The representatives from both Chinese and foreign judicial departments, regulatory agencies, scientific research institutions, colleges and universities, and the financial industry expressed opinions, exchanged ideas, and shared experiences by means of either online or offline participation.
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