Core Points - The Ministry of Justice held a press conference on September 29 to introduce the revised Arbitration Law, which will take effect on March 1, 2026 [1] - As of August 2025, there are 285 arbitration committees established nationwide, handling over 5 million arbitration cases with a total amount in dispute exceeding 9 trillion yuan [1] - The revised Arbitration Law includes 96 articles, an increase of 16 from the previous version, aimed at improving international arbitration systems and enhancing the credibility of arbitration [1] Group 1 - The revised Arbitration Law supports Chinese arbitration institutions to establish business entities abroad and conduct arbitration activities [2] - It allows foreign arbitration institutions to set up business entities in designated areas such as free trade pilot zones and Hainan Free Trade Port, in accordance with national regulations [2] - In the past five years, approximately 16,000 foreign-related arbitration cases have been handled by Chinese arbitration institutions, with a total amount in dispute around 730 billion yuan [1]
全国依法设立二百八十五家仲裁委员会
Ren Min Ri Bao·2025-09-29 22:30