Report: In 2021, trading arbitration acceptance of disputes in disputes exceeded 100 billion in four consecutive years

China Youth Daily Client, Beijing, September 5th (China Youth Daily · Zhongqing.com trainee reporter Zhu Caiyun) In 2021, the number of international commercial arbitration cases increased, and the amount involved in the case exceeded the 100 billion yuan mark for 4 consecutive years. Cases It involves nearly 100 countries and regions. Today, the China International Economic and Trade Arbitration Commission (hereinafter referred to as "Trade Zhong") released the "China International Commercial Arbitration Annual Report (2021-2022)", which shows the development of China International Commercial Arbitration in 2021 in a series of case data and case analysis. From June 2022, the development of China's arbitration and rule of law practice.

The report is also the eighth annual report since it decided to carry out the annual research project of China International Commercial Arbitration Annual Report in 2015. It is the only annual summary of the China International Commercial Arbitration Development.

The conference site China Youth Daily · China Youth Network trainee reporter Zhu Caiyun/Photo

"The current world has entered a new period of turbulent change. The global governance system is undergoing unprecedented profound adjustments. The rule of law has become an important part of the core competitiveness of the country. As the main way to resolve international commercial disputes, arbitration is a country that optimizes the business environment and enhance the rule of law in various countries. Important means of soft power. "Wang Chengjie, deputy director and secretary -general of Trade Zhong, said at the press conference that in this context, the research on special topics was carried out, and the annual report of international commercial arbitration in my country was released every year. It has important and practical significance for improving the credibility and influence of China's arbitration international credibility and influence, helping the construction of foreign -related legal systems, promoting the rule of law of international relations, and contributing to the Chinese wisdom and Chinese solutions to global governance.

It is understood that the annual report continued to entrust Renmin University of China to form a research group. The main members of the research team included experts and practical workers from the Supreme People's Court, the Ministry of Justice, colleges and universities and law firms.

Wang Chengjie introduced that the annual report adopts a research method that combines empirical analysis and theoretical research to strive to show the highlights of China's international commercial arbitration development. Specifically, on the basis of analyzing the data of China International Commercial Arbitration Cases in 2021 and the development of Chinese arbitration and rule of law from 2021 to June 2022, the research dynamics of domestic and foreign business arbitration theoretical research was simultaneously followed up, and the judicial review of China's international commercial arbitration was discussed. Compare the development and practice of the formation of the arbitral tribunal, focus on studying the principle of "seller's responsibility, buyer on their own" in the perspective of private equity fund disputes, and hot issues of contract liability in the dispute between equity transfer, and in the international arbitration The country's abandonment of exemption clauses is a special observation of the development of commercial investment arbitration this year.

After being rated as one of the world's five most popular arbitration institutions in the world last year, in May this year, trade was officially included in the "providing provider providers of online dispute solutions" by the Asia -Pacific Economic Cooperation Organization. "These reflect the international arbitration industry and the majority of arbitration users' recognition and trust in the rule of law of China and the work of trade." Wang Chengjie said that trade Zhong will continue to carry out the annual report series of research projects, and it will continue to improve The development of commercial arbitration has made new and greater contributions.

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