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On July 24, 2021, the First Session of the Fourth Committee of the Shanghai International Economic and Trade Arbitration Commission (also known as the "Shanghai International Arbitration Center", hereinafter referred to as "SHIAC") was held in Shanghai. Mr. Zhou Minhao, Chairman of the Council for the Promotion of International Trade Shanghai (hereinafter referred to as "CPIT Shanghai") and Chairman of SHIAC’s Fourth Committee, attended the Session and delivered a speech. Members of SHIAC’s Fourth Committee and governing members of SHIAC’s Secretariat attended the Session.


The Session heard the report on the establishment of the Fourth Committee. The procedure of the establishment of the Fourth Committee strictly conforms with the Arbitration Law of the People's Republic of China and the Articles of Association of SHIAC, as well as "Several Opinions on Improving the Arbitration Mechanism and Increasing the Public Credibility of Arbitration" and "Implementation Opinions on Improving the Arbitration Supervision Mechanism, Increasing the Public Credibility of Arbitration and Accelerating the Construction of a Global-oriented Arbitration Center in the Asia-Pacific”. CPIT Shanghai, after consulting with the Council of Chairmen of SHIAC’s Third Committee determines SHIAC’s Fourth Committee Members. 13 experts in the field of economy, trade and law have become the new members of SHIAC’s Fourth Committee including Mr. Zhou Minhao, Mr. Ding Wei, Mr. Ma Yi, Mr. Kong Xiangjun, Mr. Ye Qing, Mr. Lv Hongbing, Mr. Zhang Zhaoan, Mr. Ji Wenguan, Mr. Sheng Leiming, Mr. Jiang Suping, Mr. Michael Hwang SC, Ms. Susan Finder and Mr. William Wong SC. Mr. Zhou Minhao is the Chairman, and Mr. Ding Wei and Mr. Ma Yi are the Vice Chairmen of the Fourth Committee.


Mr. Ma Yi, Vice Chairman and Secretary-General of SHIAC reported to the Fourth Committee on behalf of SHIAC’s Third Committee about SHIAC’s work carried out during the term of the Third Committee. Confronting the complex domestic and international environment and the impact of the COVID-19 pandemic, under the leadership of the Third Committee, with the joint efforts made by all arbitrators and Secretariat staff, SHIAC achieved continuous increase in case numbers, case types, monetary amount in disputes, and average monetary amount of all cases in the past three years. A total of 4,256 arbitration cases have been accepted, with a total monetary amount in disputes of RMB 87.480 billion. During this period, SHIAC signed strategic cooperation agreements with many international arbitration institutions such as Hong Kong International Arbitration Center, Singapore International Arbitration Center, Permanent Court of Arbitration, Permanent Court of Arbitration of the Croatian Economic Chamber of Commerce, Arbitration Court of the Montenegro Economic Chamber of Commerce, and Arbitration Court of the Serbian Chamber of Commerce and Industry. In 2018, SHIAC was selected as one of the five international commercial arbitration institutions included in the Supreme People's Court’s “One-Stop” Diversified Mechanisms for Resolving International Commercial Disputes.


Mr. Ding Wei, Vice Chairman of the Fourth Committee elaborated the revised draft of SHIAC’s Article of Association and the nominations of the members of the special committees i.e. the Strategy and Development Committee, Expert Advisory Committee, Arbitrator Selection and Disciplinary Committee of the Fourth Committee. Then the Fourth Committee deliberated and approved the nomination of the new Chairman, Vice Chairmen and members of the three special committees.

Committee Members











All the Committee Members highly complimented the work report of the Third Committee, and commented on the future arbitration business development, brand promotion, arbitration research deepening, arbitration talents training, and innovation in the rule of law of arbitration combined with their work experience in respective industry and arbitration.

Mr. Zhou Minhao, Chairman of the Fourth Committee affirmed the achievements made by SHIAC under the leadership of the Third Committee, thanked all the members of the Third Committee and staff of SHIAC, and congratulated all of the Fourth Committee Members on their appointment. Mr. Zhou Minhao pointed out that under the current situation, SHIAC must keep preserving inheritance and innovating to grasp its position and to explore the establishment of new professional platforms as well as adjudication approaches to new types of economic disputes when facing new economic trends. He also addressed that SHIAC shall diligently cope with each and every case and serve the social and economic development based on fairness, justice and openness, in pursuit of high quality and public credibility, and with a responsible attitude towards the country, economy, society and history. He  emphasized that it is crucial for SHIAC to achieve self-improvement by benchmarking advanced standards, adhering to internationalization and professionalization, and firmly grasping the major opportunities in the country’s further opening up and the new round of development. He also called the Fourth Committee to build consensus and make joint efforts on giving full play to the leadership role of the Committee, continuously strengthening the functions of the special committees, executing daily operation upon the Secretariat, improving the level of case management and competence, accelerating the openness and operation of SHIAC's overseas offices (hearing centers), and enhancing the research level of hot issues to build SHIAC to be an “index” arbitration institution that evaluates the level of arbitration in China to prestige to Shanghai in front of the world.


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