Interview: Building CIETAC's global role

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clpstaff

Last year CIETAC opened its first Arbitration Centre outside mainland China. David Tring spoke to CIETAC Hong Kong's Secretary General, Wang Wenying, about the role of the new Centre and CIETAC's place in global dispute resolution

 

 The CIETAC Hong Kong Arbitration Centre opened its doors on September 24 2012

Why did CIETAC establish a Hong Kong Arbitration Centre?

The Hong Kong government is committed to making the territory a leading arbitration centre in Asia, inviting renowned arbitration institutions like the International Court of Arbitration (ICC) and CIETAC to set up Hong Kong branches in order to attract more interested parties to settle disputes here.

CIETAC is China's oldest and most experienced arbitration institution, accepting the majority of foreign-related arbitration cases in mainland China. Cases involving Hong Kong parties rank second in the total number of cases that CIETAC accepts. CIETAC decided to open the Hong Kong Arbitration Centre to be closer to the parties. It provides another arbitration resolution for parties seeking to settle disputes in Hong Kong.

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