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LIU, Dali (David) Partner

Professional Experience

Mr. Liu began legal practice in 1989, and his areas of specialty include Banking and Finance and M&A. He is also highly regarded for his outstanding performance in the area of financial services. 

Mr. Liu has actively represented a number of international and domestic banks and has been involved in the structuring, negotiating, preparing of documents and rendering of legal opinions in many projects, including in the industries of petrochemical, semiconductor, steel, automobile, power, water, and toll roads. 

In recent years, Mr. Liu has also represented foreign banks and other financial institutions in their investments and strategic cooperation with PRC banks, fund joint ventures, finance companies and other financial institutions. Mr. Liu represents multinational corporations in their entry into China’s market by establishing presence, conducting mergers and acquisitions and advising state owned enterprises and other domestic companies in their cooperation with foreign investors. He also represents Chinese companies on outbound investments and M&A.


  • Elite Practitioner of Banking listed by Asialaw Profile in 2022

  • Eminent Practitioner of Banking listed by Chamber Asia-Pacific & Chambers Global in 2021

  • IFLR Asia Best Lawyers 2021 and Highly Regarded Lawyer of Banking listed by IFLR in 2022

  • Recommended Lawyer of Banking listed by The Legal 500 in 2021

  • Top-ranking M&A and Governance Lawyer listed by Who’s Who Legal

  • Lawyer of M&A and Banking listed by Asia Law & Practice in 2019

  • Dealmaker of the Year 2014 listed by China Law & Practice

  • Dealmaker of the Year 2008 listed by Asian Legal Business

  • One of Top 10 Shanghai Leading Non-litigation Lawyers listed by the Shanghai Bar Association in 2004

  • Legal Personality of the Year 2003 listed by Asian Legal Business


LL.B., East China University of Political Science and Law

LL.M., East China University of Political Science and Law

Professional Associations

Vice-chair of the Asia Pacific Forum

Special Dean of the Lawyer College of East China University of Politics and Law

Arbitrator at the China International Economic and Trade Arbitration Commission, the Shanghai International Arbitration Commission, and Shanghai Arbitration Commission

Outside director of Bailian Group Co., Ltd.

Language Skills

Fluent in English and Mandarin

JunHe is the only Chinese law firm to be admitted as a member of Lex Mundi and Multilaw, two international networks of independent law firms. JunHe and selected top law firms in major European and Asian jurisdictions are “best friends.” Through these connections, we provide high quality legal services to clients doing business throughout the world.
As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by JunHe and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.