In an effort to adapt to the latest developments in international arbitration practice and to better accommodate the needs of the parties, the China International Economic and Trade Arbitration Commission (CIETAC) has revised its arbitration rules. The new 2015 arbitration rules, revised and adopted by the China Council for the Promotion of International Trade and China Chamber of International Commerce on 4 November 2014, have been effective from 1 January 2015. The revision of the CIETAC arbitration rules covers a range of issues.
Setting up arbitration court
As part of its internal reforms, CIETAC has set up an arbitration court to replace the secretariat and perform case administration functions under the arbitration rules. The secretariat will instead focus on the promotion of arbitration and other public legal services. It should be noted that the set-up of the arbitration court only represents a change in division of responsibilities of CIETAC’s internal departments, and the name of CIETAC as well as its model arbitration clause remains unchanged.
Yu Jianlong is the vice president and secretary general of CIETAC
