52 various types of legal service institutions have been gathered, and the "Legal Service Industry Ecosphere" in Dahongqiao is thriving to serve the legal ecosystem

Release time:Apr 14, 2024 00:14 AM

"The rule of law is the best business environment." On June 28th, the signing ceremony and opening ceremony of the Hongqiao International Central Legal District Comprehensive Service Center was held at the Hongqiao International Central Legal Building located in the core area of the Hongqiao International Central Business District. Ten heavyweight legal and pan legal service projects were signed and settled, and the Hongqiao International Central Legal District Comprehensive Service Center was also officially opened. This is another important progress in Shanghai's implementation of the national strategy for the integrated development of the Yangtze River Delta and the specific tasks of the overall plan for the construction of the Hongqiao International Open Hub.

From a global perspective, many internationally renowned cities have developed highly concentrated legal clusters with global legal service functions. As an important component of the productive service industry, legal service clusters often have a significant accompanying relationship with high-energy business districts, playing an important supporting role in economic operation, such as the City of London in the United Kingdom, Manhattan in New York City in the United States, and the Marina Bay in Singapore. As one of the nine functional platforms of Hongqiao International Central Business District, Hongqiao International Central Legal District is committed to creating a highly concentrated legal service ecosystem with professional elements, providing strong support for the development of enterprises and industries in the business district, and implementing the national strategy of integrating the Yangtze River Delta and opening up the Hongqiao International Hub.

It is understood that as of now, the Hongqiao International Central Business District has attracted and cultivated more than 500 headquarters enterprises, including 44 multinational company headquarters enterprises recognized at the municipal level, 11 foreign-funded research and development centers, 44 private enterprise headquarters, and 13 trade oriented headquarters. Since the beginning of this year, the Hongqiao International Central Business District has continuously promoted the deep integration of the "four major functions" of big business, big exhibition, big transportation, and big science and technology innovation, creating a new engine for regional economic growth. In the first five months of this year, the tax revenue of the business district increased by 45.3% year on year, the amount of fixed assets investment increased by 16% year on year, and the retail sales of consumer goods increased by 45.9% year on year. The economic development showed strong resilience.

52 various types of legal service institutions have been gathered, and the "Legal Service Industry Ecosphere" in Dahongqiao is thriving to serve the legal ecosystem

The Hongqiao International Central Legal District was officially unveiled on September 24, 2021. Since the beginning of this year, with the joint promotion of the Municipal Bureau of Justice, the Hongqiao International Central Business District Management Committee, and the Minhang District Government, the construction of the Hongqiao International Central Legal District has accelerated. With the Hongqiao International Central Legal Building as the core landmark, it covers 3.7 square kilometers of the core area of the business district and builds a comprehensive platform that integrates public legal services, professional legal services, rule of law research and exchange, and other functions. As of now, 52 legal service institutions and pan legal service institutions have settled in the Hongqiao International Central Legal Affairs Zone.

The 10 institutions that have signed contracts today, including lawyers, arbitration, notarization, legal technology and other industries, involve multiple support policies such as rental subsidies and start-up subsidies, reflecting cutting-edge fields such as foreign affairs, intellectual property protection, and high-end legal training. They demonstrate the rapid, stable, and inclusive development status of the Central Legal District, as well as the accurate positioning and strong support for its development prospects. Nowadays, with the opening of the Comprehensive Service Center of the Central Legal District, the Central Legal District has achieved three core functions: "providing one-stop government services to legal service institutions in the legal district," "building a" doorstep "legal service platform for various enterprises and institutions in the business district," and "providing comprehensive policy support channels for interested institutions", effectively providing a more comprehensive and complete mechanism guarantee for the construction of the Central Legal District.

Guangxin Junda Law Firm is the first law firm to settle in the Hongqiao International Central Legal Building. "We are optimistic about the national strategy of the Hongqiao International Open Hub and have also seen the development momentum of the Hongqiao International Central Legal District. We need to seize opportunities and take advantage of the 'momentum' to develop." Xu Jiping, the executive director of the law firm, told reporters that on May 4th this year, he led his team to officially move into the third floor office of the building, which was welcomed by many customers in the Yangtze River Delta region. "They said that it only takes 10 minutes from the high-speed rail to arrive, and they will come and sit down every three to five in the future.". He admitted that Guangxin Junda is planning to build a headquarters in the Yangtze River Delta in Hongqiao, Shanghai. It is expected that the office space will be insufficient in three years and the area will at least double.

This "first company" has attracted many peers to come and "gather". It is reported that the Hongqiao International Central Legal Building was just opened earlier this year, with a total of 9 floors and an area of 17000 square meters. Currently, 80% of the space has been reserved, and some floors have even been selected by multiple legal service agencies. Shanghai Duan and Duan Law Firm has rented the entire 7th floor and is currently undergoing renovation. It is expected to officially move in in October, and a team of 125 people will be working here. Guo Guozhong, the executive director of the law firm, said that two years ago, when he first heard about the "Hongqiao International Central Legal District", he took the initiative to contact and hope to set up a site here. "As a leading intellectual property service agency, we have seen the prospects and needs of the" Big Science and Technology Innovation "in Dahongqiao, mainly coming to the market.".

It is reported that in the future, the Hongqiao International Central Legal District will adhere to promoting the combination of government guidance and market drive, implementing measures such as digital guidance, legal protection, systematic reshaping, market-oriented operation, project-based promotion, and differentiated management. It will build the best legal service innovation carrier, gather the best legal service professionals, and create the most active legal service radiation mechanism, striving to become a highly concentrated, complete, and distinctive "new landmark" of Shanghai's legal services.

"The Hongqiao International Central Legal District is a vivid practice of continuously optimizing the business environment and promoting market entities to invest and develop in Minhang. It is also an important guarantee for attracting high-quality legal resources and improving complex legal needs. Minhang District Party Secretary Chen Yujian stated that Minhang will fully leverage its policy, location, and resource advantages, continuously enhance brand value and development influence, promote high-level construction and high-quality development of the Hongqiao International Central Legal District, and strive to create a" gathering place for high-end legal resources "," preferred area for commercial arbitration processing ", and" demonstration city for intellectual property protection ".".

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