At the 2016 China Arbitration Summit in Beijing on Sept 28, He Rong, vice-president of the Supreme People’s Court of China, called for improvement of judicial review of internationalized arbitration under the framework of the “Belt and Road Initiative”.

With increasing results of international economic cooperation such as the establishment of the Asian Infrastructure Investment Bank and the Silk Road Fund, exchanges among countries are becoming closer and the world economy more deeply integrated.

China and Chinese arbitration institutions have improved their participation in international arbitration cases. In China, the internationalization of arbitration has significant opportunity for growth.

According to He Rong, the Supreme People’s Court has taken many steps to use the judicial system to examine and improve arbitration patterns. This approach is intended to satisfy Chinese and foreign parties’ requirements for solving multiple disputes.

The steps include standardizing judicial examination procedures involving foreign commercial arbitral awards and exploring more open judicial examination of arbitration on a litigious model.

In speaking of the relationship between judicature and arbitration, he indicated that they both serve to solve disputes and share the same goal of realizing social equity and justice. They complement each other advantageously and are harmonious friends.

He said that the Supreme People’s court has attached great importance to the role of commercial arbitration in solving disputes and has published more than 30 relevant judicial interpretations and normative documents.

He added that to make the rules of arbitration more precise and practical and to allow international commercial and maritime arbitration to play a more important role in the “Belt and Road Initiative”, the Supreme People’s Court has demanded strengthening of judicial examination of arbitration awards involving countries along the “Belt and Road Initiative” route.