China's arbitration system

Author: Song Guowu
Publisher:
Publish Date: 2002-01-01
Features: Arbitration is one of the best forms to resolve civil and commercial disputes. It is deeply favored by parties due to its advantages such as fairness, efficiency, low cost, and promoting unity. However, there remains a significant gap between the current state of China's arbitration system and international practices. With China's entry into the WTO, foreign economic and trade exchanges are expected to develop rapidly, and the number of arbitration cases is anticipated to increase substantially. Therefore, the adjustment and improvement of China's arbitration system have become urgent. The author of this book conducts an in-depth analysis of the problems encountered during the implementation of the "Arbitration Law of the People's Republic of China" since its promulgation, identifies several pressing issues that need to be addressed, and proposes practical and feasible recommendations. These suggestions will play an indispensable role in advancing the development of China's arbitration system.