China unveils courts to resolve intl commercial disputes
By HUO YAN and CAO YIN |
chinadaily.com.cn |
Updated: 2018-06-29 19:56
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On Friday, China unveiled two specialized courts to help resolve large international commercial disputes, particularly those involving countries in the Belt and Road Initiative.
The No 1 International Commercial Court is in Shenzhen, Guangdong province, and the No 2 International Commercial Court is in Xi'an, Shaanxi province, according to the top court.
Zhang Yongjian, chief judge for the No 4 Civil Division at the Supreme People's Court, said Thursday that the No 1 special court has been established in Shenzhen because the city faces a rising number of foreign-related cases every year, and it is also a key location on the 21st Century Maritime Silk Road.
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