Current location:Earthly Elements news portal > world
China makes headway in building international commercial arbitration centers
Earthly Elements news portal2024-05-21 08:47:32【world】8People 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.
Address of this article:http://liberia.brianlynch.org/content-1f499934.html
Very good!(96)
Related articles
- Jon Wysocki dead at 53: Staind drummer passes away
- At least 9 dead, 15 missing after migrant boat sinks near Italy
- Iranian FM, EU foreign policy chief discuss Iran's retaliatory attack against Israel
- Mental health review to follow Sydney stabbing attack: Australian PM
- Philippines blames China for loss of giant clams in disputed shoal and urges environmental inquiry
- 4 dead, 97 injured in 7.3
- Connor McDavid becomes 4th in NHL history with 100 assists as the Oilers rout the Sharks 9
- Stock market today: Asian shares track Wall Street slump triggered by strong US spending data
- Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
- Chinese premier delivers keynote speech at China Development Forum 2024
Popular articles
Recommended
Six killed in a 'foiled coup' in Congo, the army says
China pledges constructive role in resolving Myanmar's Rakhine State crisis
China launches new remote sensing satellite
At least 37 mothers killed daily in Gaza: medics
Devout Christian doctor, 68, who punched dementia
Chinese courts highlight child protection during divorce trials
Kirill Kaprizov helps Wild end Kings' eight
Xi plants trees in Beijing, urging nationwide afforestation efforts for beautiful China
Links
- How ancient city on Silk Road attracts global fans
- Panda train offers special journey for passengers
- Popularity of China's new energy products not due to subsidies: Spokesperson
- China iron, steel association slams US tariff hikes
- Wintering swans boost tourism in Chinese provinces
- Sichuan panda base bans visitors for bad behavior
- Hong Kong to host FIBA 3x3 World Tour Final
- Panda train offers special journey for passengers
- America's fastest growing city is tiny 43,000
- Paris 2024 official stamp unveiled at Postal Museum