On the evening of December 11, 2024, The Legal 500 2024 GC Powerlist was released in Beijing. Xu Yanbo, Secretary of the Party Committee and Deputy Secretary-General of China International Economic and Trade Arbitration Commission (CIETAC), was invited to attend the award ceremony and delivered a speech.

In his speech, Secretary Xu Yanbo extended his congratulations to the award-winning legal professionals. He emphasized that the role of in-house counsel plays an indispensable role in promoting the high-quality operations, advancing industry development, and contributing to the progress of the rule of law. He further noted that in-house counsels are the driving force in the development of arbitration in the new era. As the pioneer in arbitration in China, CIETAC has consistency prioritized listening to and understanding the evolving dispute resolution needs of enterprises in practice. Over nearly 70 years of development, CIETAC has steadily improved its credibility both internationally and domestically.

He stated that CIETAC will continue to uphold its principles of openness, cooperation, mutual benefit, deepening exchanges and collaboration with enterprises across various industries, while continually improving service quality and internationalization. CIETAC looks forward to working with all sectors to explore new models of diversified dispute resolution and contribute to the rule of law in global governance.

The Legal 500 GC Powerlist is the awards event organized by The Legal 500, aiming to recognize corporate legal professionals and in-house counsels for their outstanding contributions to advancing corporate development. This year’s event attracted nearly 100 legal elites from across the country.