24
2025-10
In Jinan, the "City of Springs," the historic Qianfo Mountain is embracing an innovative fusion of technology and everyday life. In October 2025, Jinan’s first drone-delivery route will officially begin regular operations, enabling swift deliveries from Quancheng Square all the way to the summit of Qianfo Mountain—and offering visitors a cutting-edge, "Cloud-Viewing Qianfo · Smart Peak Experience" like never before. Behind this groundbreaking low-altitude economic application, Zhongcheng Qingtai's low-altitude economy team has provided comprehensive, professional legal services to the operator, Shandong Yingxiang Aviation Technology Co., Ltd., ensuring the project’s seamless and secure implementation in full compliance with regulations.
2025-10-24
24
2025-10
Currently, property developers have been increasingly hitting "default" crises one after another, triggering a ripple effect: bonds fail to roll over or be repaid upon maturity, projects come to a standstill, and unfinished housing developments leave buyers stranded—leading to a host of social conflicts and disputes. Today, commercial bills have become a widely accepted settlement method among construction firms. Compared to traditional payment methods, bill-based settlement offers unique advantages and is governed by specific legal provisions. It is now more urgent than ever for construction companies to thoroughly understand the relevant regulations governing commercial bills and proactively manage associated risks!
2025-10-24
23
2025-10
On October 21, the Jinan Municipal People's Procuratorate held the appointment ceremony for its second group of hearing officers. After rigorous qualification reviews and organizational assessments, Ding Zhenhua, a senior partner at Zhongcheng Qingtai Law Firm in Jinan, was appointed as a hearing officer for the second term of the Jinan Municipal People's Procuratorate, serving a three-year tenure.
2025-10-23
21
2025-10
To deeply study and implement the spirit of the 20th National Congress of the Communist Party of China and carry forward the great spirit of resisting U.S. aggression and aiding Korea, on October 17, the Party Committee of Zhongcheng Qingtai Jinan Office organized party-member lawyers and employees to watch the patriotic educational film "The Volunteers 3: Unyielding Peace," reliving those glorious years and inspiring their patriotic enthusiasm.
2025-10-21
21
2025-10
Perspective | Special Focus on Early Termination of PPP Projects — Default Scenarios
PPP projects involve numerous stakeholders, span a wide range of sectors, and require expertise across diverse fields, often encountering intricate environmental challenges and deeply intertwined relationships during implementation. In practice, the reasons and circumstances leading to the early termination of PPP projects are equally complex and varied, primarily falling into three main categories: government-side breaches of contract, private-sector breaches by social capital entities, and force majeure events. Each of these categories encompasses multiple specific scenarios, all of which are closely tied to the unique realities of individual PPP projects. By systematically analyzing the breach scenarios that trigger early project terminations, this article provides a clear and comprehensive overview of the current challenges and risk factors confronting existing PPP projects. This analysis serves as a valuable reference for stakeholders involved in ongoing PPP initiatives, enabling them to proactively assess and anticipate the overall project dynamics and potential risks. At the same time, it offers practical insights for refining risk allocation and targeted prevention strategies under the new framework governing PPP projects.
2025-10-21
20
2025-10
On October 15, Julio Duarte, President of the Brazil-China Chamber of Commerce and Trade Promotion (hereafter referred to as "BCCPT"), along with Vice Presidents Edison Garcia and Luis Eduardo, Brazilian Legal Counsel Luis Eduardo, Chinese President Hao Xiaodong, and Executive President Li Zhen, paid a visit to Zhongcheng Qingtai's Jinan office. They were warmly welcomed by Du Wentang, Senior Partner at the Jinan office, as well as Partners Hao Bin and Su Na. Also in attendance was Yu Yue, Partner and Head of the Zhongcheng Qingtai-Mai Jiarong-Feng Du Joint Venture Office, alongside lawyer Yan Pingping. Together, the three parties gathered for a seminar focused on legal cooperation between China and Brazil, exploring new opportunities for collaboration.
2025-10-20
17
2025-10
In practice, some companies, acting as guarantors and assuming guarantee liabilities, have proceeded with company deregistration procedures even before their guarantee responsibilities are clearly defined or the guarantee period has expired. This effectively eliminates the legal existence of the guarantor entity. Under such circumstances, the company’s corporate status is terminated, meaning it can no longer be sued as a civil party. As a result, creditors are left in a difficult position—facing the "disappearance" of the guarantor. How creditors can assert their rights and take appropriate measures to safeguard their interests has become a highly debated issue in legal practice. Drawing on current legal provisions and typical judicial cases, this article analyzes, from the creditor’s perspective: When a corporate guarantor undergoes deregistration during the guarantee period, does the guarantee claim automatically cease to exist? How does deregistration affect the underlying guarantee obligation? To whom can creditors turn to enforce their rights, and what specific legal avenues are available for protecting their interests? Additionally, the article addresses critical evidentiary considerations that creditors should keep in mind, aiming to provide practical guidance for stakeholders facing similar challenges.
2025-10-17
13
2025-10
Since 2025, Hong Kong's capital market has once again become the central hub for cross-border financing by mainland Chinese enterprises. According to data disclosed by the Hong Kong Exchanges and Clearing, new stock financing in the Hong Kong market reached US$14.1 billion in the first half of the year, representing a remarkable year-on-year increase of 695%—surpassing both New York and the Shanghai Stock Exchange to claim the top spot globally in terms of IPO fundraising. As of the end of September, the number of companies waiting in line for an IPO on the Hong Kong stock market surged to 298, among which 78 are A-share listed companies, including industry leaders such as Luxshare Precision and Muyuan Shares—12 of these companies boast market capitalizations exceeding 100 billion yuan. This trend underscores a clear shift toward a dual-platform strategy of listing simultaneously on both the A-share and H-share markets. Behind this surge lies Hong Kong’s thriving capital market, benefiting from the institutional reforms introduced in 2018—such as allowing unprofitable biotech firms and companies with different voting rights structures to list—and the continued advantages brought about by the launch of the "Specialized Technology" board in 2023. These reforms have not only strengthened Hong Kong’s appeal but also align closely with mainland Chinese enterprises’ strategic goals under the "Dual Circulation" initiative: namely, their growing need to pursue global capital deployment and enhance their international brand presence. From a practical standpoint, systematically outlining the core advantages of mainland companies listing in Hong Kong, along with a comprehensive overview of the entire listing process and the latest operational guidelines for 2025, can provide prospective issuers with a clear roadmap. Moreover, it equips them with the tools to effectively navigate compliance risks and streamline their listing processes, making this guidance highly relevant and valuable in today’s dynamic market environment.
2025-10-13
13
2025-10
Perspective | Special Report on Early Termination of PPP Projects — Policy and Regulatory Insights
Since the tightening of PPP project policies at the end of 2017, nearly 14 trillion yuan worth of existing projects have been grappling with issues such as insufficient financing for project companies, delayed government payments, and lower-than-expected operational revenues. As a result, project construction has remained stalled for extended periods, while operational quality has significantly deteriorated, placing immense pressure on both the government and private-sector investors. Addressing the current challenges faced by these legacy PPP projects—and striking a balance between investment returns and public interests—has become a shared challenge for both the government and private capital partners. The issuance of the "Guiding Opinions on Regulating the Construction and Operation of Existing Government and Social Capital Cooperation Projects" (Guobanhuan [2025] No. 84) provides crucial policy support for the early termination of legacy PPP projects. This article, drawing on relevant legal frameworks as well as recent regulations from fiscal and development authorities, systematically examines the regulatory basis for early termination of PPP projects, offering a robust framework to guide such processes.
2025-10-13
11
2025-10
Perspective | Strategies for Handling Spousal Diversion of Marital Assets During Divorce
When marital relationships break down and divorce becomes inevitable, it's not uncommon for one spouse to secretly transfer or hide jointly owned marital assets. Common scenarios include one spouse transferring bank deposits without the other’s knowledge, selling off property at significantly reduced prices just before the divorce, transferring company shares to third parties, or even creating fake debts—all in an attempt to divert assets that rightfully belong to the couple. Such actions not only infringe upon the legal property rights of the other spouse but also violate the principle of honesty and trustworthiness central to marital relationships. The Marriage and Family Chapter of the Civil Code clearly addresses this issue: if one party is found to have concealed or transferred joint marital assets during divorce proceedings, the court has the authority to award that party a smaller share—or no share at all—when dividing the marital property. So, how should the aggrieved party, whose rights have been compromised by such unauthorized asset transfers during marriage, uncover relevant financial clues and effectively utilize legal measures to protect their interests? This article will systematically examine and analyze the types of unauthorized marital asset transfers, strategies for gathering evidence, and available remedies, drawing on both legal provisions and real-life cases.
2025-10-11
Zhongcheng Qingtai Jinan Region
Address: Floor 55-57, Jinan China Resources Center, 11111 Jingshi Road, Lixia District, Jinan City, Shandong Province
