Greater role for Chinese lawyers emerging in transnational affairs

More Chinese lawyers will be promoted as legal advisers in State-owned companies for transnational business, amid concerns over national and economic security, a senior officer of the All-China Lawyers Association said.

Most State-owned companies have been hiring foreign lawyers and accountants for cross-border lawsuits or transnational transactions, which can potentially compromise national economic security, said Wang Junfeng, director of the association.

"We will encourage more senior lawyers at the national level to serve as counsels and represent some transnational litigations, especially for the 50 major State-owned enterprises, including China National Petroleum Corporation and State Grid Corporation of China," he said.