China establishes International Commercial Courts

On 29 June 2018, the Supreme People’s Court of China (the SPC) officially launched its First and Second International Commercial Courts (the CICC) in Shenzhen and Xi’an respectively to handle a wide range of international commercial disputes, established under the Regulations of the SPC on Several Issues Concerning the Establishment of International Commercial Courts (the Regulations) which came into force on 1 July 2018, intended particularly to deal with disputes arising out of projects under the BRI.

The key features of the CICC are:
1. Jurisdiction
2. Judges proficient in the English language
3. International Commercial Expert Committee
4. One-stop dispute resolution mechanism
5. An ambitious start

(Forwarderlaw)