On the afternoon of December 5th, the "First Session of the Law, Business, and Policy Forum - Enterprise Expansion Overseas and Sino-European Cooperation" was successfully held at the Beijing Blossom & Credit (Wuhan) Law Firm ("Blossom & Credit Wuhan"). This event was jointly hosted by the China-Hungary-Europe Common Future Economic Association and the Beijing Blossom & Credit Law Firm, and organized by the Blossom & Credit Wuhan. A delegation from Zolozia, Hungary, visited for exchanges. The two sides engaged in in-depth dialogue centered around the theme of "Deepening Legal Cooperation in the Economic and Trade Fields between China, Hungary, and Europe to Promote Interconnection and Interaction", and held a signing ceremony for a strategic cooperation agreement. Foreign guests such as Albert Viktor, President of the Hungary-China-Hungary-Europe Common Future Economic Association, and Gál László, Mayor of Jénesdias, Hungary, attended the meeting.
In his speech, Li Yinwu, Management Partner of Blossom & Credit, reviewed the development journey of Blossom & Credit over the past two decades in terms of professionalization, teamwork, and integration. He introduced Blossom & Credit's benchmark achievements in the full-chain commercial service areas, including corporate restructuring and listing, finance and insurance, fund investment and financing, intellectual property, compliance and medical management, bankruptcy liquidation, criminal law, matrimonial and family law, and dispute resolution. He stated that Blossom & Credit has always adhered to the vision of "prospering through unity and achieving greatness through integrity", and upheld the service philosophy of "quality, efficiency, prudence, and responsibility". It continues to create value for its clients and is committed to building an excellent platform for one-stop commercial legal services. In the context of the continuously deepening cooperation between China and Europe, Blossom & Credit will further integrate cross-border resources, connecting the full-chain service links from domestic compliance to overseas investment, from international transaction structure design to cross-border dispute resolution, to assist Chinese enterprises in steadily expanding overseas.
In his speech, Li Suoqing, the director of the Blossom & Credit Wuhan, pointed out that Hungary is a key partner in China-Europe cooperation. Despite the current challenges facing the process of globalization, the tide of China-Europe cooperation is opening up new avenues for Chinese enterprises to venture overseas. He emphasized that Hungary, as a gateway to the EU, has become a preferred destination for Chinese enterprises to deepen their presence in the European market, leveraging its geographical advantages and policy support.
Mayor Gábor Lajos, the representative of Hungary, and President Albert Viktor gave detailed introductions on Hungary's investment policies, cooperation visions, as well as the establishment background and core mission of the China-Hungary-Europe Joint Future Economic Association. They stated that Zolozsag has significant advantages in tourism and health care, logistics hubs, smart elderly care, and other fields. The association is willing to actively play a bridging role and promote pragmatic cooperation between China and Europe in projects such as mutual tourist exchanges, the opening of direct flights, commodity exhibitions and sales, and smart health care.
Witnessed by the guests present, Li Suoqing, lawyer and director of the Blossom & Credit Wuhan, and the Hungarian representative jointly signed a strategic cooperation agreement. Both parties agreed to regard the Blossom & Credit Wuhan as a key partner, further promote exchanges and interactions with Hungary in various fields, jointly build a more solid local cooperation relationship between China and Hungary, and jointly write a new chapter of industrial cooperation and friendly exchanges between China and Europe.
The forum also invited Partner of Blossom & Credit and lawyer Ji Xinran to share in-depth on two major themes: "International Investment - Compliance Risks and Avoidance in Cross-border Investment for Enterprises" and "International Trade - Risk Response in the Context of Regional Conflicts and Anti-globalization". Lawyer Ji systematically reviewed cross-border investment data and cases over the past fifteen years, analyzed FDI risks across the entire process from due diligence, access review to operational compliance, and proposed the core prevention principle of "cultural respect + professional management". Facing challenges such as supply chain reshaping, tariff barriers, frequent changes in sanctions, logistics disruptions, and payment restrictions brought about by regional conflicts and anti-globalization, she emphasized that enterprises should establish a three-tier response framework of "risk identification - scenario rehearsal - tool implementation". By means of pre-due diligence, dynamic optimization of layout, flexible use of compliance tools, and financial hedging, enterprises can secure orders, stabilize profits, and maintain compliance bottom lines amidst uncertainty.
When the Danube River and the Yangtze River converge in a vision of cooperation, the strategic handshake between Zolozsag, Hungary, and Blossom & Credit Wuhan represents not only an active exploration of "going global" but also a two-way journey of "welcoming in". Taking this signing as an opportunity, both parties will carry out substantive collaboration in various fields such as legal support and financial services, jointly develop the European market, actively expand broader international cooperation space, and work together to promote the common development of the economies and societies of the two places.
