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SPC Adds New Arbitration Institutions to “One-Stop” International Commercial Dispute Resolution Mechanism

Mon, 08 Aug 2022
Categories: China Legal Trends

On 22 June 2022, China’s Supreme People’s Court (SPC) released the second batch of arbitration institutions to be included in the “One-Stop” Diversified International Commercial Dispute Resolution Mechanism  (the “Mechanism”).

The second batch of arbitration institutions comprises the Guangzhou Arbitration Commission, Shanghai Arbitration Commission, Xiamen Arbitration Commission, Hainan International Arbitration Court (Hainan Arbitration Commission), and Hong Kong International Arbitration Centre.

The Mechanism was established by the SPC in 2018, aiming to efficiently integrate arbitration with mediation and litigation.

For international commercial disputes brought to those arbitration institutions included in the Mechanism, parties can apply to the China International Commercial Court (CICC) for evidence preservation, property preservation, or conduct preservation before or after the commencement of arbitration proceedings. After an arbitration award is rendered, parties can apply to the CICC to set aside or enforce the award.

The first batch of arbitration institutions included in the Mechanism consists of the China International Economic and Trade Arbitration Commission(CIETAC), Shenzhen Court of International Arbitration(SCIA), Shanghai International Economic and Trade Arbitration Commission/Shanghai International Arbitration Center(SHIAC), Beijing Arbitration Commission/Beijing International Arbitration Center (BAC), and China Maritime Arbitration Commission(CMAC).

 

 

Cover Photo by Johnny Li on Unsplash

Contributors: CJO Staff Contributors Team

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