Since the global economy and political environment are currently undergoing deep changes, IMF forecasts that Chinese economy growth in 2020 will keep falling back, and will be still at the bottom of the operating stage. In this year, three goals will be "finished", so keeping stably growth is very important, and it is expected that countercyclical policies will maintain "deterministic growth" in the uncertainty of economic environment. With the strong supporting strength still kept by supervision to dealing of NPL of commercial banks, in 2020 the special-mentioned loan will change in focus way, which results in that NPL of commercial banks will rapidly grow up to the top. The supply side of NPL expands to the fields such as non-bank financial institutions NPL of non-bank financial organizations, the bailout of crisis companies, the dealing of breaking debts, etc. which will bring more opportunities and challenges to the special asset industry.
The 6th China NPL Investment and Restructuring Forum, an annual grand industry event sponsored by Total Finance, will be held from April 23 to 24, 2020 in Shanghai, and the cutting-edge legal academy and industry assets with regard to three main subjects including "bailout of crisis companies, release regional risks, investment for special opportunity will impact on the 2-day forum. The summit takes deeply analyzing “Big NPL” operation, enhancing the value of assets and enterprises, clearing out inefficient and ineffective assets, etc. as current important topics, and sincerely invites government supervision leaders, home and abroad well-known institutions, and industry leaders to gather in Shanghai, in order to jointly research and discuss the bailout of crisis companies and removal of financial risks, and jointly promote the orderly and healthy development of Chinese special opportunity investment industry.