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Beijing Court Supports Beijing to Build Int’l Commercial Arbitration Center

Tue, 25 Feb 2025
Categories: China Legal Trends

On 28 Nov. 2024, Beijing Fourth Intermediate People’s Court (hereinafter the “Court”) held a press conference to introduce its measures in supporting the construction of an International Commercial Arbitration Center (ICAC) in Beijing and published the ten typical cases of judicial review of arbitration.

According to Judge Li Yingxin (李迎新), Vice President of the Court, the Court has established mechanisms for the preservation, judicial review, and enforcement of foreign-related arbitration, and has realized the centralized jurisdiction for cases on judicial review of foreign-related arbitration. The Court has developed a mechanism for the diversion of complex and simple arbitration cases and a connection mechanism between arbitration and mediation, improving the efficiency and quality of judicial review and promoting the recognition and enforcement of foreign arbitral awards in China.

To support the construction of the ICAC, the Court has participated in drafting local legislation, including documents such as the “Implementation Opinions on Improving the Arbitration System and Enhancing the Credibility of Arbitration to Construct an International Arbitration Center” (关于完善仲裁制度提高仲裁公信力建设国际仲裁中心的实施意见) and the “Regulations on Promoting the Construction of the International Commercial Arbitration Center in Beijing” (北京市推进国际商事仲裁中心建设条例).

After the establishment of the China Commission of Arbitration for Sport (CCAS) in Beijing, the Court, as the only court in China for judicial review of sports arbitration awards, has been involved in the formulation and discussion of rules for sports arbitration. In September 2024, the Court concluded its first case of judicial review of an application to set aside a sports arbitral award.

According to statistics, the average time for reviewing arbitration judicial review cases in the Court has been steadily reduced. Since 1 Jan. 2024, when foreign-related arbitration preservation and enforcement cases were centralized under the jurisdiction of the Court, the Court has issued 68 preservation orders for foreign-related arbitration cases, with a total amount in controversy of more than CNY 10 billion. The average review period for these cases is only five days.

 

 

Photo by Yu S on Unsplash

Contributors: CJO Staff Contributors Team

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