China's Judicial Reform: Supreme People's Court establishes 1st International Commercial Expert Committee

World
Europe

02:55

The Supreme People's Court in Beijing has established its first International Commercial Expert Committee. The Committee is aimed at providing a professional International Commercial Dispute Resolution Mechanism and promoting fair trade. CGTN's Hou Na tells us more.

Legal experts and eminent scholars. The first group of 32 Chinese and Foreign Experts were appointed as members of the Expert Committee. Chief Justice Zhou Qiang, conferred the Appointment Letters to the representatives.

SIR WILLIAM BLAIR, FORMER JUSTICE THE COMMERCIAL COURT, ENGLAND & WALES "China has brought a really outstanding group of experts. It's brought together from inside China and around the world. This is important because it not only brings in international expertise, but it shows the confidence the international community has in this new court."

The establishment of the International Commercial Expert Committee is aimed at ensuring the smooth operation of the International Commercial Court, and supporting parties in resolving international commercial disputes through arbitration, mediation, litigation and other diverse commercial dispute settlement methods.

RIMSKY YUEN FORMER SECRETARY FOR JUSTICE OF HKSAR "The setting up of the international expert committee, this, as far as I know, is the first time that such a committee has been set up in the judicial history of China. I would say it is an extremely innovative measure."

Rimsky Yuen, Former Secretary for Justice of the Hong Kong Special Administrative Region, thinks that in order to promote the smooth facilitation of trade, especially along the Belt and Road trade route, China needs to have an effective dispute resolution system.

RIMSKY YUEN FORMER SECRETARY FOR JUSTICE OF HKSAR "Our country is stressing the importance of governing the country in accordance with the rule of law, I think the setting up of CICC (China International Commercial Court), is going to achieve that objective."

The first and second international commercial courts of the Supreme People's Court (SPC) were recently inaugurated in Shenzhen, in South China's Guangdong province and in Xi'an, in Northwest China's Shaanxi province.

ZHANG YUEJIAO FORMER CHAIR OF WTO APPELLATE BODY "China's judicial reform is known to the world. I've brought experts from the WTO to visit the Supreme People's Court. They were amazed to see what China's smart court campaign has achieved."

The 32 Members are being entrusted by the International Commercial Court to mediate international commercial disputes and provide advisory opinions to the people's courts on specialized legal issues.

Meanwhile, they can also give advice on revision of the rules of the International Commercial Court, development plans, judicial interpretations and judicial policies of the Supreme People's Court.