Wolters Kluwer China and Commercial Press Collaborate to Serve Legal Community in China and Globally

Beijing − Wolters Kluwer China yesterday announced the strategic partnership agreement with Commercial Press to be able to better serve its legal customers in China as well as across the globe. The collaboration will bring the quality of legal and regulatory content to a greater height by pushing Chinese content outward and pulling global content into China.

Wolters Kluwer China is a part of Wolters Kluwer, a market-leading global information services company focused on professionals. Commercial Press is China’s first print publisher dedicated to the translation and introduction of foreign laws and regulations since the commercialization of the publishing industry.

The agreement was signed today at the 2010 Beijing International Book Fair by Ms. Nancy McKinstry, CEO and Chairman of the Executive Board of Wolters Kluwer, and Ms. Shasha Chang, CEO of Wolters Kluwer China, and Mr. Yu Dianli, President of Commercial Press.

“Wolters Kluwer and Commercial Press each have accumulated a wealth of editorial experience and knowledge, both internationally and locally. Wolters Kluwer’s flagship brands in the legal and regulatory markets, such as Aspen Publishers, Kluwer Law International and CCH, are recognized and used by legal professionals globally. Through this partnership, a continuous translation and co-publishing of leading international legal content will take place on an ongoing basis and be delivered in a format that meets our customers’ needs best,” said Nancy McKinstry.

Through the collaboration, Wolters Kluwer will draw a wealth of global legal and regulatory content into China, translated into Chinese with the help of Commercial Press. This will provide the Chinese professional community with world-class expert information and web-enabled solutions. At the same time, Commercial Press is able to publish Chinese legal and regulatory content in a timely manner through Wolters Kluwer’s established global information resource network that is available in both Chinese and English.

“We are very proud to partner with Commercial Press. Their history of over 100 years has made Commercial Press a long-standing, renowned print publisher and a highly recognized institution among legal academia and professionals”, said Shasha Chang, CEO of Wolters Kluwer China.

“Wolters Kluwer is our natural partner as its global publishing network and superior English full-text translations of Chinese laws complement Commercial Press’ native Chinese language-based resources. It will enhance Commercial Press’ profile in the international market,” said Yu Dianli, President of Commercial Press.

The long-term strategic partnership will enable both organizations to reach out to each other for editorial training in their respective areas of expertise on a regular basis and work together in producing content that meets future customer needs.

Wolters Kluwer China recognizes the importance of providing its Chinese professional community with highly relevant, expert information and web-enabled solutions. “The partnership acts as the window for Chinese professionals to connect with our intelligent solutions locally and globally. For tax, accounting and legal, our leading positions in these markets in various regions combined with more meaningful engagement with the community here will further strengthen our commitment to Chinese professionals to drive results and efficiencies for them,” Shasha Chang continued.

The partnership will also enable Commercial Press access to Wolters Kluwer’s revolutionary platform, IntelliConnect™, being the exclusive global digital publishing platform and non-exclusive local digital publishing platform for Commercial Press. IntelliConnect™ is a global research platform that aims at enabling tax and accounting professionals worldwide to search for the right information faster and easier

About Commercial Press
Established in 1897, Commercial Press is China’s first print publisher dedicated to the translation and introduction of foreign laws and regulations since the commercialization of the publishing industry. Their development over a century has made Commercial Press a long-standing, renowned print publisher in the area of humanities and social sciences. Commercial Press is also a highly-recognized imprint among legal academia and professionals.

Being a member of the China Publishing Group, Commercial Press has two publishing centers and five joint ventures. It publishes books related to philosophy, legal and regulatory, to name a few. Commercial Press has also established good international cooperation with its overseas counterparts that include Hong Kong, Taipei, Singapore, and Malaysia. In addition, Commercial Press has also set up a publishing consortium called The Commercial Press International Companies where Commercial Press is a major shareholder.

About Wolters Kluwer
Wolters Kluwer is a market-leading global information services company. Professionals in the areas of legal, business, tax, accounting, finance, audit, risk, compliance, and healthcare rely on Wolters Kluwer’s leading, information-enabled tools and solutions to manage their business efficiently, deliver results to their clients, and succeed in an ever more dynamic world.

Wolters Kluwer has 2009 annual revenues of €3.4 billion, employs approximately 19,300 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

Wolters Kluwer China’s activities are strongly represented by CCH in the tax, accounting, HR and legal markets; Aspen Publishers and Kluwer Law International in the legal markets; Lippincott Williams & Wilkins, Ovid and UpToDate in the healthcare market; and TeamMate in the risk and compliance markets.

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