On September 19, in order to serve the rapid development of the Financial Center in Western China, give full play to the role of experts in the decision-making of reform, and highlight financial trials' role in guiding and regulating the financial market through reform, the Chengdu Intermediate People's Court (CIPC) held a seminar on reform of the financial trial.

At the meeting, the CIPC engaged 10 experts and scholars from Southwestern University of Finance and Economics, Sichuan Academy of Social Sciences, Sichuan Provincial Bureau of Financial Work, Sichuan Bureau of the China Banking Regulatory Commission, Sichuan Bureau of the China Insurance Regulatory Commission, Sichuan Bureau of the China Securities Regulatory Commission to serve as experts on financial trial reform to the Judicial Reform Expert Committee of the CIPC (the Committee). Mr. Liu Shoumin, deputy of the 13th PRC National People's Congress, vice president of the All China Lawyers Association and Dentons Chengdu office Managing Partner, was appointed as experts on financial trial reform to the Committee.

The participants discussed the forthcoming White Paper on 2016-2017 Financial and Commercial Trial in the Courts in Chengdu and the Typical Finance-related Cases Handled by the Courts in Chengdu. They sorted out the financial and commercial cases handled by the CIPC from 2016 to 2017, analyzed and summarized the existing problems in the financial market in order to timely predict and control the potential risks in the market, and proposed targeted suggestions for further improving the financial ecology of Chengdu.

In recent years, the CIPC has taken a number of measures in resource allocation, trial mechanism and trial functions to prevent and resolve major risks, serve the development of the Financial Center in Western China, and adapt to the financial trial reform, laying a foundation for the reform.

As a next step, the CIPIC will drive the development of professional, international and intelligence financial proceeding work with the discussion results of the seminar. It will also strengthen coordination and communication with government departments, prosecutorial organs, public security organs, administrative law enforcement agencies, financial regulatory authorities and financial service providers to jointly address the potential issues.