Current location:business >>
China makes headway in building international commercial arbitration centers
business6People have gathered around
IntroductionIn 2023, eight arbitration institutions in the pilot areas for the construction of China's inter ...
In 2023, eight arbitration institutions in the pilot areas for the construction of China's international commercial arbitration centers handled a total of 79,000 cases with a value amount of 600 billion yuan (about 84.56 billion U.S. dollars), according to the Ministry of Justice.
A total of 2,251 foreign-related cases were handled and concluded by these institutions last year, accounting for 72 percent of foreign-related cases handled and concluded across the country, the ministry said at a press conference on Tuesday.
These numbers indicate that phased results have been achieved in the pilot areas, said the ministry.
In 2022, the Commission for Law-based Governance of the Communist Party of China Central Committee issued a document to carry out pilot projects for the construction of international commercial arbitration centers in Beijing, Shanghai, Guangdong and Hainan.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Iterations news portal”。http://www.videocameralive.com/article-0f399946.html
Related articles
Who is Humza Yousaf's wife Nadia El
businessAs Humza Yousaf sensationally resigned today, capping an extraordinary meltdown triggered by sacking ...
【business】
Read moreBeijing People's Art Theatre presents adaptation of 'The Miser'
businessThe Beijing People's Art Theatre unveiled its latest Chinese adaptation of The Miser on April 19 ...
【business】
Read moreCambodia commemorates 2 Chinese martyrs killed in peacekeeping mission 31 years ago
businessCambodia on Tuesday held a commemorative ceremony for two Chinese UN peacekeeping martyrs who lost t ...
【business】
Read more
Popular articles
- In Paris, students inspired by pro
- Nepal general advocates enhanced China
- NE China bay sees increasing migratory harbor seals
- Renowned musicians Friendship Trio wow audiences in Shanghai
- Irish boxing champ Amy Broadhurst switches to Britain in Paris Olympics bid
- Charlotte Dawson puts on a VERY leggy display in a thigh
Latest articles
Congress honors deceased Korean War hero with lying in honor ceremony
Hawaii is known for its macadamia nuts. Lawmakers want to keep it that way
Indonesian student designs a life in fashion
Charlotte Dawson puts on a VERY leggy display in a thigh
Williamson to lead New Zealand at the Twenty20 World Cup; Southee to make his 7th appearance
Xi, Biden hold phone talks
LINKS
- Xi Meets Dutch PM in Beijing
- Objection to cease
- Xi replies to letter from Iowa's Muscatine High School students
- 50 city volunteer service stations for the Chengdu 2021 FISU Games went live
- Central Committee revised regulations on inspection work
- China vows to serve as world's stabilizing force
- North China's Hebei launches new multimodal transport route to Central Asia
- Xi Meets Sri Lankan PM in Beijing
- China making its mark in global services trade
- Xi stresses boosting guarantee ability of land element for high