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china arbitration week special event held in beijing, experts: let more people realize the role of arbitration

2024-09-27

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as globalization accelerates, international cooperation and dispute resolution in the fields of energy and infrastructure have become important issues in international economic exchanges. on september 24, a special event of china arbitration week 2024 - energy and infrastructure dispute resolution roundtable seminar was held in beijing.
the event was hosted by beijing jingdu law firm, co-organized by france's kidd law firm and spain's guber international law firm, and supported by china new energy overseas development alliance.
yin tianshu, deputy director of the international cases division of the china international economic and trade arbitration commission, said that cietac, as one of the major permanent commercial arbitration institutions, has always been responsible for promoting the formulation of china’s arbitration law and china’s arbitration industry through arbitration practice and theoretical activities. development. she looks forward to gathering more strength in the future to further enhance cietac’s business environment and credibility.
"from the perspective of the development prospects of arbitration, we have two feelings: one is that the demand is limited, and the other is that the arbitrators' competency is limited. despite this, the development prospects of arbitration will continue to improve with the development of the market economy." kyoto, beijing tian wenchang, honorary director of the law firm and honorary dean of the criminal defense advanced research institute of northwest university of political science and law, said that the arbitration business has strong neutrality and pertinence. today, most people do not understand arbitration. because of this, more efforts are needed to the publicity of arbitration business has made more people aware of the role of arbitration. it is expected that more lawyers will participate in the arbitration business in the future, and while the civil and commercial litigation business is developing, new opportunities will be opened up in the non-litigation business field.
zhang shiguo, secretary-general of china new energy overseas development alliance, emphasized that the arbitration business still needs to adapt to various rules in terms of institutional mechanisms, structure construction, cooperation with domestic and foreign legal institutions, and concepts, active mobilization, and multi-party efforts to make arbitration nationwide, "new energy the industry faces multiple challenges in the current environment and needs to enhance its international arbitration capabilities. in the face of globalization and changes in international policies, the new energy industry should seek development opportunities through international cooperation." he hopes that in the future, efforts can be made to adapt concepts, mechanisms and rules to promote the internationalization of the new energy industry and infrastructure.
according to the "china international commercial arbitration annual report (2023-2024)", in recent years, disputes in china's energy industry have occurred frequently, with an increasing trend from the number of cases to the amount in dispute, with diverse types, complex legal relationships, and the emergence of new issues, etc. features.
the paper noted that this annual report provides an overview of investment transactions and disputes in china’s energy industry from aspects such as the development of china’s energy industry, energy investment and transaction development, energy legislation, energy industry disputes, etc., and provides an overview of “take-or-pay” contracts, energy special observations were made on typical legal disputes in the chinese energy industry such as product fixed price clauses and new energy product warranty, and the advantages of arbitration in the resolution of energy professional disputes were analyzed, and suggestions were made to further play the positive role of arbitration in the resolution of energy disputes.
the arbitration industry in china began with the cietac established in 1956 in accordance with the decision of the administrative council of the central people's government. according to reports, china arbitration week is a national event platform with the theme of arbitration and dispute resolution jointly initiated and established in 2013 by the china international economic and trade arbitration commission, renmin university of china, all china lawyers association, and beijing lawyers association. it is held every year at it is held simultaneously in dozens of cities at home and abroad and lasts for one week.
as a sub-activity of arbitration week, this seminar aims to explore the application and practice of diversified dispute resolution mechanisms such as international arbitration and mediation through in-depth analysis of cutting-edge issues in dispute resolution in the energy and infrastructure fields.
the paper reporter lin ping
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