Supreme Court: Continue to promote the establishment of bankruptcy courts in 2026 and make judicial preparations for the revision of bankruptcy law.

On February 24, Wang Chuang, the head of the Civil Second Division of the Supreme People’s Court, stated at a press conference that by 2026, the national courts will carefully handle major risks in key areas of civil and commercial trials, continue to promote the establishment of bankruptcy courts, improve the bankruptcy trial mechanism, and prepare judicially for the revision of the Bankruptcy Law. (People’s Financial News)

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