In the afternoon of December 20, the plaque of Guangzhou Bankruptcy Court was unveiled at Guangzhou Intermediate People's Court, marking its official establishment. Guangzhou Bankruptcy Court is one of the second batch of bankruptcy courts in China approved by Supreme People's Court. In the future, it will play an essential role in facilitating the development of Guangdong-Hong Kong-Macao Greater Bay Area, China's participation in governance system of international bankruptcy rules, and improving international credibility and influence of bankruptcy trials in China. #Bankruptcy Liquidation #Non-performing Assets #Corporate Risk Control
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