Abstract: On January 14, 2017, taking the news conference on the new book Private Equity LP, the 1st Seminar of Green Legal Global Alliance came to a successful end in Beijing DOCVIT Law Firm and established the first batch of research topics and set up the project closely related to the development of the private equity market. Afterwards, Green Legal Global Alliance has continued to undertake the research work of follow-up legal issues and published supporting books interpreting private equity LP from the perspective of the law field in 2017, making constant contributions to the industrial development.

On the afternoon of January 14, 2017, News Conference of Private Equity LP (a book redefining LP) & "Capital Allocation Strategy, Investment Practice and Operation" Charrette sponsored by CITIC Press Group China Road Research and Publication Center and Green Legal Global Alliance and co-organized by LP Think Tank came to a successful end in Beijing DOCVIT Law Firm, the 56^th floor, Fortune Financial Center (FFC). The book Private Equity LP "redefines LP".

Liu Guangchao, secretary general of Green Legal Global Alliance and director of Beijing DOCVIT Law Firm presided over the meeting. Ms. Ji Hong, deputy editor-in-chief of CITIC Press Group and periodical office president of Economic Herald, attended the meeting and delivered a keynote speech.

Ji Hong said that over the years, the development of private equity funds in China is very rapid, and the development of private fund industry is also more and more standardized. After high speed development, China is entering a new stage of economic restructuring and industrial upgrading, in this stage, private equity can play important roles such as the adjustment of industrial structure, the revitalization of the real economy, the development of emerging industries. Private equity is an effective financial tool to promote the new development of the real economy.

As for the role of LP in private equity, Ji Hong believed that as a limited partner of private equity, LP can play a more important role in leading the better private asset allocation of private equity through structured investment. LP should not only consider the strategy of asset allocation, but also the investment layout and strategic planning. She said that the development of China's private equity fund industry needs to be supported by mature professional LP, in this context, CITIC Press Group carried out cooperation with Mr. Lu Yuebing and Mr. Yang Xingxin. Before cooperation, the two sides discussed the LP's form and characteristics for several times, hoping that in the private equity investment, LP has the right investment methods and investment operation management experience.

Ji Hong said, "Mr. Lu Yuebing is our old friend, we have contacted and cooperated for many years. He has senior executive experience for many years in manufacturing, enterprise management and financial investment both at home and abroad, no matter from the perspective of financial investment or from the perspective of combination of industry and finance, he can selectively introduce internationally forward-looking theories and experiences and effectively implant them into the practice of China's economic development."

About the outstanding features of Private Equity LP, this book introduces in a targeted way the international LP asset allocation strategy, the domestic and foreign successful investment cases and Chinese LP operation management experience, and these studies have very high reference value, and it is the forerunner book in the field of Chinese PE professional books, Ji Hong said. I hope that the publication of this book will help the investors in the professional institutions and promote the healthy development of the PE industry.

After that, Ms. Ji Hong introduced the relevant series of books. She pointed out that Private Equity LP is the first book published in the "Private Placement 2.0 Era Series Books". CITIC Press Group has formed a long-term publishing plan in this field in an attempt to release other books in the field of PE and LP with this book as the beginning. Meanwhile, Ms. Ji Hong expressed that this book is the first published in the "Private Placement 2.0 Era Series Books". CITIC Press Group China Road Research and Publication Center has formed a long-term publishing plan in this field in an attempt to release other books in the field of PE and LP with this book as the beginning. At the same time, Green Legal Global Alliance was invited to undertake the topic research on legal issues related to Private Equity LP and publish relevant legal books in 2017. In addition, Ji Hong said that many experts and scholars here are the future partners of CITIC Press Group. They have rich experience in the forefront of research, theory and practice, so they hope to strengthen cooperation with experts, continue to promote the research and practice of relevant fields and timely reflect the forward-looking academic achievements and theoretical practice. In the professional development, CITIC Press Group hopes to combine the theoretical tracking with practical tracking, break the traditional publishing mode in the publishing field, deeply integrate market and research, timely track the potential target demanding party and seek innovation in the development.