海南打造国际商事仲裁优选地

Core Viewpoint - Hainan is leveraging its free trade port policy advantages to establish itself as a preferred location for international commercial dispute resolution, enhancing the quality of arbitration development [1][2]. Group 1: Arbitration Development - Hainan International Arbitration Court was established to meet the needs of Hainan's free trade port construction, with 1,358 arbitrators, nearly one-third of whom are from overseas [1]. - Since its establishment, the court has handled 11,731 arbitration cases with a total amount of 28.92109 billion yuan, with zero cases being overturned by the courts [1]. - The court has also accepted 220 commercial mediation cases amounting to 1.65503 billion yuan and 159 foreign-related cases totaling 1.784 billion yuan, involving parties from over 20 countries and regions [1]. Group 2: Regulatory Framework - In 2022, Hainan was designated as one of four pilot regions for the construction of national international commercial arbitration centers, with its arbitration court included in the "one-stop" international commercial dispute resolution mechanism by the Supreme People's Court [1]. - Hainan introduced the "Several Provisions on the Development of International Commercial Arbitration in Hainan Free Trade Port," which allows for temporary arbitration for disputes among enterprises registered in the free trade port and foreign entities [2]. - The Hainan Provincial Arbitration Association has developed the "Hainan Free Trade Port Temporary Arbitration Rules," enhancing the temporary arbitration system by incorporating international standards and improving efficiency and cost-effectiveness [2].