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China's Special Zone Legislation for International Commercial Mediation: Disputes, Settlement Mechanisms and Institutional Contributions |
GUO Zi-ping |
Institute of International Law, Wuhan University, Wuhan, Hubei, 430072 |
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Abstract With the progressive advancement of China's international engagement, the pace of legal practices pertaining to international commercial mediation and the exploration of relevant mechanisms in various free trade zones has accelerated. However, certain prevailing challenges persist, including the absence of specialized legislation for commercial mediation, vagueness in legal nature of mediation institutions, impediments in enforcement, and lack of review standards for cross-border enforcement. The recently enacted Regulations on the Diversified Resolution of Conflicts and Disputes in Shenzhen Special Economic Zone, as a local legislative instrument, has spearheaded the introduction of specific regulations addressing commercial mediation, henceforth establishing a fundamental legal framework for mediation in Shenzhen. Particularly noteworthy is its innovative approach towards international commercial mediation, manifested through the establishment of mechanisms such as Early Neutral Evaluation, preservation in mediation and judicial confirmation which facilitate the efficiency of mediation. The exploratory, pioneering and systematic construction of the legislation for international commercial mediation has provided China with the entry into force of the “Singapore Mediation Convention” and the development of an international commercial mediation system with Chinese characteristics in three aspects: legislative concept, clause design, and practical application. It is an important preliminary system reference and experience exploration, and in a sense, it has also contributed to the Chinese solution to the perfection and development of the international commercial mediation system worldwide.
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Received: 20 March 2023
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