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31 December 2014

Decision of the China Council for the Promotion of International Trade (China Chamber of International Commerce) on the Reorganization of the China International Economic and Trade Arbitration Commission South China Sub-Commission and China International Economic and Trade Arbitration Commission Shanghai Sub-Commission

According to the Arbitration Law of the People’s Republic of China, the Request for Approval on the Renaming and the Amendment of the Arbitration Rules of the Two Arbitration Commissions of the CCPIT submitted by the China Council for the Promotion of International Trade (CCPIT) to the State Council and the essence of the State Council’s Official Reply Concerning the Renaming of the Foreign Economic and Trade Arbitration Commission as the China International Economic and Trade Arbitration Commission and the Amendment of Its Arbitration Rules, whereas the former China International Economic and Trade Arbitration Commission (CIETAC) Shanghai Sub-Commission and the former CIETAC South China Sub-Commission (originally named as CIETAC Shenzhen Sub-Commission) have changed their names and their institutional status of sub-commissions of CIETAC without the authorization of CCPIT, refused to remain under the leadership of CIETAC in respect of case administration,  the CCPIT now decides to reorganize the CIETAC South China Sub-Commission and the CIETAC Shanghai Sub-Commission in order to protect the parties’ lawful arbitration rights and maintain the order of China’s foreign-related arbitration.

It is hereby decided.

China Council for the Promotion of International Trade (the seal)
China Chamber of International Commerce (the seal)

 

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