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- Wide Scope of Maintenance and Internationally Standardized Procedures: Since its establishment in 1956, CIETAC have received totally tens of thousands of domestic and international arbitration cases. CIETAC can maintain foreign-related cases and domestic cases while, at the same time, the scope of cases handled by it is not limited by the industry and nationality of the parties. In recent years, CIETAC has kept maintaining averagely the number of cases nearly a thousand each year, always being among the forefront of the worlds leading arbitration institutions. As viewed from the "Arbitration Rules" and the arbitrators, CIETAC has been an internationalized organization. The first "Arbitration Rules" was enacted in 1956, which had been burdened subsequently with six time modifications until the latest modified edition that come into effect since May 1, 2005. This governing "Arbitration Rules" is identically the same as the other Rules applied in dominant international arbitration bodies, all of which respectfully allow to the fullest extent the party’s autonomy. Additionally, CIETAC has a talent pool consisting of nearly one thousand arbitrators who are all domestically and internationally well-known arbitral, law or industry experts, and among them are nearly 300 foreign arbitrators from 30 countries or regions.

- Independence and Impartiality: CIETAC is independent of any governmental or executive agencies, as one of the leading international arbitration institutions, without any executive interference upon dealing with the arbitral businesses. The arbitrators of CIETAC, inclusive of those who are appointed by the parties to the cases, do not represent any party during the arbitral process, standing firmly on the position of independence and impartiality. In the arbitration proceedings, the parties to the reference have equal opportunity to present their views. In the past few decades, CIETAC has been thought highly of its independence, impartiality, integrity and quality of awards by the domestic and foreign clients.

- Dispatch of Arbitral Process: The parties to the reference may agree upon on how to advance arbitral process in participant of the arbitration hold before CIETAC. As to the evidences and submissions filed by the parties, the Arbitration Commission will fully exchange them in writing between the parties. The hearings hold by the Arbitration Commission hearings usually only last one to three days, so the arbitral process advanced by the Arbitration Commission is fast and efficient. The vast majority of arbitration cases maintained by the Arbitration Commission often close within 6 months since the formation of the arbitral tribunals.

- Relatively Low Costs of Arbitration: Compared with world prominent international arbitration bodies, CIETAC charges relatively less while compared with other domestic arbitration institutions charges approximately the same as the other internal bodies does. The arbitration appears to be more economic, in contrast to the litigation, based on its finality and dispatch of its process.

- The Combination of Arbitration and Mediation: It is one of the notable features of CIETAC arbitration. The arbitration and mediation are closely combined with their separate advantages, not only to help resolve disputes between the parties, but also to maintain friendly cooperative relationship of them. That form of combination can be carried out in the arbitral proceedings, that is, upon requested or agreed by the parties the arbitral tribunal, during the arbitral proceedings, plays a role of the mediator in mediating the cases referred to them in order to resolve disputes between the parties. If any party to the disputes thinks that the mediation is not necessary or will not be effective, either of them can ask for terminating the mediation at any time and revive the arbitration proceedings. Additionally, if the parties reach a settlement out of reach of the Arbitration Commission through mediation, by virtue of which, they can request the Arbitration Commission to appoint a sole arbitrator for making a award based on the specific contents of the settlement. At this point, the Arbitration Commission could reduce the arbitration fees or other costs in consideration of real workload and actual expenses.

- Professional Management Services for Arbitration: Secretary of the Board of the Arbitration Committee and the Branch Secretariat now consist of more than 90 highly qualified professionals available for managing the cases maintained by the Commission. Each case maintained will be appointed one work staff in charge of it immediately after the parties being served with notice of arbitration issued by Secretary of the Board or the Branch Secretariat. Most of the staff members of the Arbitration Commission have a degree of LLM and Ph.D., fluent in English, French, Russia, etc.
 

Contact Us

If you need legal service or consulting, You can also contact us directly by the ways below: 

Attorney Zhao Junxi (Seaer Zhao)
Grandall Law Firm
Address: 
Beijing Office: 9th Floor, Taikang Financial Tower, No. 38 North Road East Third Ring, Chaoyang District, Beijing, P.R.C
Chengdu Office: 9/F, Building 26, Boundary-Freeland Center, No. 269, Tianfu 2 St., Hi-Tech Zone, Chengdu CitySichuan Province, P.R.C 610095
Cell Phone: (+86)18982170437
                      (+86)13881816953
E-mail: zjunxi@gmail.com (Abroad)
             742042577@qq.com (Home) 
 
 
 

 

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