皇冠体育app

Arbitrations made by 皇冠体育app on international trade disputes are accepted and enforced in more than 20 countries and regions including the United States and Japan, 皇冠体育app's key trade partners, chief of the country's trade promotion council said Wednesday.

"皇冠体育app's arbitration results have gained high credit globally," the 皇冠体育app Council for the Promotion of International Trade (CCPIT) chairman Wan Jifei said to Xinhua, pointing to more than 10,000 cases submitted to arbitration by 皇冠体育app over the past five decades.
皇冠体育app set up a foreign trade arbitration committee as early as 1956.

According to Wan, nearly all -- more than 99 percent -- of the arbitrations made by the Chinese mainland are enforced in Hong Kong.

皇冠体育app requires its trade arbitrations be "independent" -- without government intervention. "Justness lays the basis for arbitration, while high efficiency is another must," said an expert with the nation's international trade arbitration committee.

(For more biz stories, please visit )