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Vice Chairman & Secretary General of SHIAC Attended the Second Round Table Meeting of the China Pilot Free Trade Zone Arbitration Cooperation Alliance


On December 18, 2019, the Second Round Table Meeting of the China Pilot Free Trade Zone Arbitration Cooperation Alliance was successfully held. The meeting was organized under the guidance of the Public Legal Service Bureau of the Justice Department of China and hosted by Shenzhen Court of International Arbitration.


The China Pilot Free Trade Zone Arbitration Cooperation Alliance was established in April, 2015. The alliance was initiated by Shanghai International Economic and Trade Arbitration Commission (Shanghai International Arbitration Center) and Southern China International Economic and Trade Arbitration Commission (Shenzhen Court of International Arbitration). The six founding institutions include Fuzhou Arbitration Commission, Shenzhen Court of International  Arbitration, Guangzhou Arbitration Commission, Shanghai International Arbitration Center, Tianjin Arbitration Commission and Zhuhai Arbitration Commission.

 

During the meeting, Mr. Liu Xiaochun, President of Shenzhen Court of International Arbitration, delivered the welcoming remarks. Mr. Shi Hai, Director of the Arbitration Office of the Public Legal Service Bureau of the Justice Department of China delivered a guiding speech. Dr. Ma Yi, Vice Chairman & Secretary General of Shanghai International Arbitration Center, attended the meeting and took the chair of the declaration signing ceremony.

 

Dr. Ma Yi reviewed the development of China (Shanghai) Pilot Free Trade Zone Arbitration Court, the China (Shanghai) Pilot Free Trade Zone Arbitration Rules and the judiciary review opinions with regard to the FTZ Rules and SHIAC’s practical experience with the above mechanism. He looked forward to the better future of arbitration development in China’s Pilot Free Trade Zones, based on the recent development plans of Lingang New Zone in Shanghai Pilot Free Trade Zone. He proposed that, members of the Alliance shall actively promote local arbitration development under the national strategies in the Pilot Free Trade Zones. As of the initiating members of the Alliance, SHIAC wishes to build new and deepened cooperative mechanism of arbitration in the Pilot Free Trade Zones with all members.

 

Along with the expansion of China’s Pilot Free Trade Zones, during the meeting, representatives from 31 FTZ arbitration institutions of 18 Pilot Free Trade Zones discussed on and signed the Declaration of China Pilot Free Trade Zone Arbitration Cooperation Alliance. Under the Declaration, all members shall devote to innovation in arbitration in China’s Pilot Free Trade Zones, jointly promoting the internationalization and governance of FTZs, enhancing the credibility of China’s arbitration industry and facilitating the openness of China’s arbitration market.

 

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