Home > United Nations Online Network in Public Administration and Finance (UNPAN)
1. Global
Global
2. Africa
Africa
3. Arab States
Arab States
4. Asia & Pacific
Asia & Pacific
5. Europe
Europe
6. Latin America & Caribbean
Latin America & Caribbean
7. North America
North America
UNPAN Asia & Pacific




Public Administration News  
Share
China Seeks to Boost Intl Arbitration System
Source: news.cn
Source Date: Wednesday, October 16, 2013
Focus: Citizen Engagement
Country: China
Created: Oct 22, 2013

The Chinese mainland is seeking to collaborate with partners from outside the region to improve its arbitration system for resolving international business disputes, said a top official of the Supreme People's Court on Tuesday.

"An arbitration system is more cost-effective and flexible than lawsuits in commercial disputes among the mainland, Hong Kong, Macao, and Taiwan," said Xi Xiaoming, vice-president of the Supreme People's Court, at the Fifth Greater China Arbitration Forum Conference on Tuesday.

"The Supreme People's Court has formulated more than 30 regulations and judicial interpretations for cases across the Taiwan Straits and the special administrative zones to facilitate the economic exchange," he said.

In Qianhai, Shenzhen's rising economic zone, policies have been put in place to allow lawyers from Hong Kong, Macao and overseas to act as representatives in arbitration cases.

The Arbitration Institute of the Stockholm Chamber of Commerce has maintained continuous collaboration on arbitration research with Tsinghua University in Beijing, said Johan Gernandt, ex-president of the SCC Arbitration.

"Sweden and China basically share similar commercial legal systems," said Gernandt. "The international commercial disputes in Stockholm between companies from all over the world have in past years been resolved successfully, mostly to the advantage of the Chinese companies when they have been involved."

News Home

 Tag This
 Tell A Friend
 Favorite
del.icio.us digg this Slashdot
Rate:
0 ratings
Views: 75

Comments: 0 Favorited: 0 Bookmarked: 0 Tagged: 0



0 Comments | Login to add comment

Site map | FAQs | Terms and Privacy | Contact Us
Copyright 2008-2010 by UNPAN - United Nations Public Administration Network