Core Points - The newly revised Arbitration Law of the People's Republic of China was passed and will take effect on March 1, 2026, expanding the scope of foreign-related arbitration cases and supporting Chinese arbitration institutions to establish business entities abroad [1][2] Summary by Sections Expansion of Foreign-Related Arbitration - The revised law significantly broadens the scope of foreign-related arbitration cases, explicitly allowing for arbitration in foreign economic trade, transportation, maritime disputes, and other foreign-related disputes, marking a substantial expansion compared to the 1994 Arbitration Law [1] Arbitration Venue System - A new arbitration venue system has been established, aligning with international commercial arbitration practices. The law specifies that the arbitration venue will determine the applicable law for arbitration procedures and the jurisdiction of the courts, with provisions for parties to agree on the venue in writing [2] Support for International Cooperation - The revised law encourages Chinese arbitration institutions to enhance international cooperation, explicitly stating that the state supports these institutions in engaging with foreign arbitration bodies and relevant international organizations [3] Promoting "Going Global" Strategy - The law supports Chinese arbitration institutions in establishing business entities abroad and allows foreign arbitration institutions to set up in designated areas such as free trade pilot zones and Hainan Free Trade Port, facilitating foreign-related arbitration activities [3] Specific Provisions for Recognition and Enforcement - The revised law includes specific provisions regarding the recognition and enforcement of arbitration awards made within China and those made abroad, detailing the processes for applying to foreign courts and Chinese courts for recognition and enforcement [3]
全国人大:新仲裁法拓宽涉外仲裁范围,支持仲裁机构走出去
Nan Fang Du Shi Bao·2025-09-29 06:05