ABL Appointed Long-Term Legal Advisor for Aviation Industry Development in Shanghai Lin-gang Special Area
2020-08-289058ABL has been appointed as the long-term legal advisor to Shanghai Lingang New Area Aviation Industry Development Co., Ltd., a subsidiary established by Shanghai Lingang Holdings Co., Ltd. in collaboration with Commercial Aircraft Corporation of China, Ltd. and Airport Group. This initiative is part of Shanghai’s ambitious strategy to develop the Lin-gang Special Area into a global hub for the aviation industry and a centerpiece of China’s national large aircraft strategy.
Lin-gang Special Area: A Vision for Global Competitiveness
On August 6, 2019, the State Council unveiled the General Plan for the China (Shanghai) Pilot Free Trade Zone Lingang New Area. This plan established the Lin-gang Special Area as a benchmark for the world’s most competitive free trade zones. Designed as a special economic zone with international market influence and competitiveness, Lingang has become a focal point for reform and innovation in China’s economic landscape.
Under the 14th Five-Year Plan, the aviation industry has been identified as a key pillar for Lin-gang’s development. With a vision to build a trillion-yuan aviation industry, Shanghai Lingang New Area Aviation Industry Development Co., Ltd. will spearhead efforts to create a globally significant large aircraft industry cluster, aligning with China’s strategic goals for aviation innovation and industrial growth.
Building a World-Class Aviation Hub
The development of the Lin-gang Special Area’s aviation industry focuses on establishing a cutting-edge industrial park centered on aviation. This initiative aims to position the area as:
● A global hub for aviation resource allocation,
● A leader in international innovation within emerging industries,
● A driver of high-end, cutting-edge industrial growth, and
● A model for open industrial services.
By integrating these objectives, the initiative seeks to propel the rapid advancement of both the aviation sector and China’s broader industrial landscape.
ABL’s Role in Supporting Aviation Innovation
ABL’s appointment as the legal advisor underscores its expertise in supporting transformative projects across diverse industries. The firm’s legal team, led by senior partners Fang YE, Youyou ZHANG, and Bin YANG, alongside attorney Yongliang WANG, will provide a wide range of legal services, including cross-border aviation investments, corporate finance, mergers and acquisitions, company listings, and investment promotion.
ABL is committed to guiding Shanghai Lingang New Area Aviation Industry Development Co., Ltd. through complex legal and regulatory landscapes, ensuring seamless execution of its ambitious goals.
Shaping the Future of China’s Aviation Industry
This partnership represents a significant step toward realizing the vision of transforming the Lin-gang Special Area into a globally influential aviation hub. ABL is proud to contribute to this landmark initiative, reinforcing its commitment to supporting groundbreaking projects that drive innovation, economic growth, and international competitiveness in China.
With this collaboration, ABL continues to play a vital role in shaping the future of China’s aviation industry and advancing the strategic priorities of the Lin-gang Special Area.
