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Key practice areas
Dispute resolution
Insolvency
Commercial disputes
Firm overview

Commerce & Finance Law Offices (Beijing) (hereinafter referred to as “Tongshang Beijing office”) was officially established in Beijing on May 16, 1992 with the approval of the Department of Justice of Beijing City, and has a group of 438 employees, including 305 partners、lawyers and paralegals, and 51 administrators. The lawyers in Beijing are young and middle-aged lawyers with rich experience. With several years or even more than 10 years experiences in the fields of finance, company, investment, securities, real estate, education, etc. , all the lawyers graduated from the first-class universities in the country, and most of them have obtained master’s degree or above in law school.

Tongshang Beijing office Beijing office is one of the first truly private partnership and of the best commercial law firms in China. Founded in 1992, Tongshang Beijing office has steadily built up its well-recognized practice and reputation in Capital Markets, Corporate/M&A, Private Equity, Dispute Resolution, Banking & Finance, New Economy (TMT, Healthcare and Education), Competition & Antitrust, Investment Fund, Restructuring & Insolvency, Regulatory, Labor and Employment, Wealth Management, Real Estate & Construction and Intellectual Property. We dedicated to providing advice and expertise at the highest levels. While most firms provide legal advice, Tongshang Beijing office delivers business solutions. Tongshang Beijing office focuses on solving our clients’ most demanding and important problems and provides one-stop solutions and strive to provide clients with pragmatic and cost-effective legal solutions that meet their best interests. Inside the firm, our talented and entrepreneurial lawyers work together on a task-force basis on all of our clients’ matters, bringing to bear the requisite mix of people and expertise across practice areas.

Tongshang is one of the eight “Red Circle Offices” (top law offices) in China,Who has a strong practice in the listing practice area. For instance, it is one of the first batch of law offices engaged in overseas capital market business in China. Tongshang Beijing office is the first firm to provide legal services in the capital market field; it first creates the VIE structure and has participated in a large number of significant transactions with milestone significance. Tongshang Beijing office have participated in many landmark state-owned enterprise reorganization and IPO projects that involved legal issues of national significance while also being recognized as a market leader in field of “red-chip” IPO projects. Tongshang Beijing office is one of the most frequently appointed legal advisers in overseas stock market IPO projects, either as the issuer’s or the underwriters’ PRC legal counsel. It is one of the law offices in Mainland China involved in the most overseas listing projects of Chinese enterprises.

Tongshang Beijing office has a compact group of practitioners well reputed for providing legal advice and business solutions, with especially notable experience of the former. Tongshang Beijing office aiming at not only providing our clients first class international legal services, but also providing important contributions to the equity/debt financing of Chinese enterprises in both domestic and foreign legal area.

Practice Areas & Sector Specialisations
  • Capital markets
  • Commercial and transactions
  • Commercial arbitration
  • Competition/antitrust
  • Corporate governance
  • Financial services regulatory: Contentious
  • Healthcare
  • Insolvency
  • Intellectual property
  • International arbitration
  • Labour and employment
  • Litigation
  • Patent contentious
  • Privacy and data protection
  • Tax
  • Trade and customs
  • Trademark contentious
  • Trusts and estates
  • Real estate & construction
  • New economy(TMT and education)
Address:
Nanjing
Tel:86 10 6569 3399 Email:Contact Us Web Address:http://www.tongshang.com.cn/
Rankings published in 2026
Commercial disputes
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Linked Reviews
Dispute Resolution

Commerce & Finance Law Offices is renowned for its expertise in commercial disputes, banking and finance, fund and trust, and international trade. In recent years, the firm has also expanded into international arbitration. Key partners at the firm’s Beijing headquarters include Hongji Li, Qiang Cui, Jialu Wang, and Xiaoming Guo, all specialising in commercial disputes. 

During the research period, Cui’s team represented Growth Steal Group in the largest civil litigation case in China’s history, the Suzhou toxic land billion-yuan infringement case, involving Rmb10 billion. This case, heard by the Jiangsu Higher People’s Court in the first instance, is the largest civil litigation case since the founding of the People’s Republic of China, given the high threshold for first-instance cases in higher courts. 

Li and his team represented Hainan Rubber Group in a dispute with China Huayang over joint venture control. Despite contributing 90% of the capital, Hainan Rubber Group held only 35% of the shares. After the court rejected their request to dissolve the joint venture and recover the investment, Commerce & Finance devised a plan. They filed a capital contribution dispute, won the case, and initiated a forced execution procedure to transfer China Huayang’s 65% equity to Hainan Rubber Group, making it the 100% owner. This strategy helped Hainan Rubber Group gain control quickly. 

The firm has also bolstered its team by hiring five partners from Jincheng Tongda & Neal, and two others from Kingpound Law Firm in Guangzhou and Beijing W&H Law Firm. In 2025, the firm recruited four partners in Hong Kong, including Bonnie Rong (from Han Kun), Chi-ho Kwan (from Jingtian & Gongcheng), and Kung-Wei Liu and Frank Fu (both from A&O Shearman). 

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