Core Points - The new Arbitration Law, revised and approved by the National People's Congress Standing Committee, will take effect on March 1, 2026, marking a significant development in China's arbitration system [2][1] - The current Arbitration Law has been in effect since September 1, 1995, with two previous amendments in 2009 and 2017, and has facilitated over 5 million arbitration cases involving more than 9 trillion yuan in disputes [1] Summary by Sections Overview of the Arbitration System - As of August 2025, there are 285 arbitration committees established nationwide, handling cases from over 100 countries and regions, covering various sectors such as finance, e-commerce, construction, maritime, and intellectual property [1] Legislative Changes - The revised Arbitration Law consists of 8 chapters and 96 articles, an increase of 16 articles from the previous version, focusing on improving the foreign-related arbitration system, enhancing the credibility of arbitration, and promoting innovative arbitration practices with Chinese characteristics [2] Strategic Importance - The revision aligns with Xi Jinping's thoughts on socialism and law, aiming to strengthen the legal framework for foreign-related arbitration, effectively resolve economic disputes, and support high-quality development and international openness [2]