The Global Legal Services Market
Image: Kai Stachowiak, Background Wallpaper, Publicdomainpictures.net
The global legal services market has been predicted to grow to USD 1,311.63 billion by 2031, with the fastest-growing regions being South America, the Middle East, Africa, and Eastern Europe and it is estimated that their compound annual growth rates will range from 11.1% to 8.9%. What are the implications of these predictions for lawyers and rule-of-law developments in China?Read more
从人工智能到仲裁
Images: Peter Griffin, Bullet Train, Publicdomainpictures.net &
Victoria Borodinova, Bedouin, Desert, Caravan, Camels, Publicdomainpictures.net
早在人工智能聊天机器人出现之前，中国就优先发展人工智能，促使开创性立法的颁布，推动外商投资。运用类似的长期规划技巧，中国多年前就开始重振古丝绸之路东端西安的辉煌。采取的举措包括提高了该市解决法律纠纷的能力，以处理“一带一路”倡议所引起的法律纠纷。西安最近举办了中国–中亚峰会，这标志着该市有潜力再次促进该地区的经济发展。这些成就是相当了不起的。中国是如何走到这一步的，并且这可能会通向何方？Read more
From AI to Arbitration
Images: Peter Griffin, Bullet Train, Publicdomainpictures.net &
Victoria Borodinova, Bedouin, Desert, Caravan, Camels, Publicdomainpictures.net
Long before the emergence of AI chatbots, China had already prioritized the development of AI, resulting in the promulgation of pioneering legislation to boost foreign investment. Applying similar long-term planning skills, China began years ago to revive the glory of Xi’an, the eastern terminus of the ancient Silk Road, by enhancing the city’s capacity to resolve legal disputes arising from China’s current Belt and Road Initiative. Xi’an’s recent hosting of the China–Central Asia Summit has signaled the city’s potential to facilitate again the economic development in this region. These achievements are quite remarkable. How did China get here and where will this likely lead to? Read more
AI Industries in China
Image: Gerd Altmann, The Age Of AI Has Begun, Publicdomainpictures.net
To compete with ChatGPT and similar AI products for market share, Baidu launched ERNIE Bot in March 2023. How far ERNIE Bot and other AI industries will be able to develop in China depends on Chinese policies and legislation on AI. Guangzhou, Shenzhen, and Shanghai have taken the lead to formulate their local regulations in accordance with China’s national policies and have been developing AI industries in their own special ways. Which city should foreign investors choose to enter China’s AI market?Read more
Foreign Investment and China
Image: Okan Çalışkan, Leather Factory Worker, Publicdomainpictures.net
On August 18, 2022, Dr. Mei Gechlik was interviewed by World Geostrategic Insights to discuss foreign investment in China.Read more
