Herbert Smith, one of the leading British law firms, vowed here on Thursday to contribute more for Chinese enterprises' drive to invest in the United Kingdom.
Speaking at the launch of its newly published guide book for Chinese investors in the UK, Laurence Elliott, lawyer with Herbert Smith said that China, which opened its door to the outside world over 20 years ago, is becoming a global investor, after it started its "going out" policy in 2002.
Elliott said that Herbert Smith, which was involved in such transaction as the Nanjing Automobile Corporation's purchase of GM Rover, will continue its focus on China's drive to go global.
The twin booklets, one in English and another in Chinese, is one of the first books of its kind to help Chinese investing in UK.
A total of 1,431 Chinese firms came to UK, either to set up there for the first time, or to expand existing business operations in the 2006 to 2007 fiscal year, marking a 17 percent increase on the previous year, according to UK Trade and Investment.
Herbert Smith is one of the first big British legal firms to offer legal service to Chinese market. It opened its Hong Kong office in 1982, Beijing office in 1999 and Shanghai office in 2003.
Source: Xinhua
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