On the afternoon of November 5, the Shanghai High People's Court, together with the China Institute for Rule-oriented Business Environment, the Shanghai Federation of Industry and Commerce, the Shanghai Bar Association, the Shanghai Arbitration Association, and the Shanghai Association of Bankruptcy Administrators, jointly held the launching event of the Cooperation Mechanism to Promote the Rule-of-Law-Based Business Environment in Shanghai Courts. Lin Xiaonie, Member of the Party Leadership Group and Vice President of the Shanghai High People's Court, attended the launching event and jointly signed the Memorandum on Establishing the Cooperation Mechanism for Enhancing the Rule-of-Law-Based Business Environment in Shanghai Courts with representatives of the participating organizations.

Vice President Lin Xiaonie stated that the signing of this memorandum is an innovative initiative that fully integrates the strengths of judicial adjudication, theoretical research, and enterprise outreach. It holds significant importance for fostering sound interaction between government and enterprises, enhancing efficient cooperation between courts and academic institutions, and pragmatically addressing complex issues in the practice of improving the business environment. All participating parties shall work together to jointly build the mechanism, serve and support the implementation of major strategies, and continuously offer suggestions and insights to improve the rule-of-law-based business environment. They shall address common issues collectively to strengthen the follow-up and evaluation of the rule-of-law-based business environment's effectiveness, and continuously enhance enterprises' sense of gain and satisfaction. They shall collaborate to create synergies, promote the normalization and long-term effectiveness of the cooperation mechanism, and build a model brand for cross-sector collaboration.