The the Sixth Forum on the Structural Mode and Institutional Innovation of Commercial Law in China Held in Beijing

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On April 28, 2018, the Sixth Forum on the Structural Mode and Institutional Innovation of Commercial Law in Chinawas held in Beijing. The forum, which took “The Reform of Company Law: Theoretical Reflections and Institutional Restructure” as its theme, was attended by over 40 scholars and experts from various universities and research institutions in China, including Peking University, Tsinghua University, Renmin University of China, China University of Political Science and Law, Central University of Finance and Economics, The Chinese University of Hong Kong, Huadong University of Political Science and Law, Nanjing University, Zhejiang University, Henan University of Finance and Economics, Zhongshan University, Southwest University of Political Science and Law, Nanjing University of Aeronautics and Astronautics, Jinan University, Sichuan Academy of Social Sciences, and CASS Law Institute.

The forum was divided into four units, in which the participants gave keynote speeches and carried out discussions on various around such topics as “what theory should be used to guide the reform of the company law under the current institutional environment in China?”, “What are the practical problems encountered by China in the field of company law?” and “At which levels institutional restructuring of company lawneeds to be carried out?” These issues include: the optimization of the basic corporation system and the overall revision of the company law in China, the origin and the connotation of the fiduciary duty of directors, the historical development and the reform of the Company Law in China, corporate governance, the form of corporations,the relationship between fairness and efficiency and the balance of interests between shareholders and the corporation,the cultural restraints of the reform of the company law, the system of capital reduction,the dialectic relationship between international customs and Chinese culture in the reform of the company law,structural reform of the company law,same share with different rights, corporate freedom of contract, judicial interpretation of the company law, contradictions in the company law,the subscription capital system, abuse of voting right by shareholders, company credit, share repurchase, the nature of corporate rules, the protection of creditors, and the evolution of the functions of company law.