Core Points - The Ministry of Justice has initiated a project to cultivate internationally leading arbitration institutions with a focus on 22 selected arbitration organizations [1] - As of now, China has 285 arbitration institutions and over 60,000 arbitrators, including more than 3,400 foreign arbitrators [1] - In 2024, China is expected to handle 4,373 foreign-related arbitration cases with a total value of 197.8 billion yuan [1] Summary by Category - Current Status of Arbitration in China - China has a total of 285 arbitration institutions and over 60,000 arbitrators, with more than 3,400 being foreign arbitrators [1] - In 2024, the expected number of foreign-related arbitration cases is 4,373, with a total value of 197.8 billion yuan [1] - Development Initiatives - The Ministry of Justice has selected 22 arbitration institutions as the first batch for the cultivation project aimed at establishing internationally leading arbitration institutions [1] - Since 2022, pilot projects for international commercial arbitration centers have been conducted in cities like Beijing, Shanghai, Guangzhou, Shenzhen, and Hainan, with tasks largely completed [1] - International Standing and Future Plans - According to a 2025 survey, Beijing, Shanghai, and Shenzhen are among the top ten most popular arbitration locations globally [1] - Major arbitration institutions in China, such as the China International Economic and Trade Arbitration Commission, Shenzhen International Arbitration Court, and Beijing Arbitration Commission, have annual case values exceeding 100 billion yuan [1] - The Ministry of Justice aims to enhance the international influence and competitiveness of China's arbitration system by aligning it with international standards while focusing on national strategic developments [1]
司法部:首选22家仲裁机构作为培育对象
Ren Min Ri Bao·2025-08-03 23:41