Established in 1988, the Shanghai International Economic and Trade Arbitration Commission (also Shanghai International Arbitration Center, previously the China International Economic and Trade Arbitration Commission Shanghai Commission, hereinafter referred to as the SHIAC) has been providing independent, impartial, effective and professional arbitration services for the commercial dispute all along.
The past three decades witnessed the rapid development of the number of cases administrated by the SHIAC. The SHIAC’s panel of arbitrators is constituted by 909 arbitrators from 61 countries and regions. In this panel, 561 arbitrators, making up 61.72 per cent, are from Mainland China, while 348 arbitrators, making up 38.28 per cent are from Hong Kong SARS, Macau SARS, Taiwan region and the rest of the world. Parties from more than 70 countries and regions have participated in SHIAC arbitration. The awards of SHIAC have been recognised and enforced in more than 40 countries and regions.
In October 2013, the SHIAC founded the China (Shanghai) Pilot Free Trade Zone Court of Arbitration and enacted the China (Shanghai) Pilot Free Trade Zone Arbitration Rules in line with international Practice. In August 2014, the SHIAC established the first aviation arbitration platform in the world-Shanghai International Aviation Court of Arbitration, providing a significant approach for settling the international aviation disputes. In October 2015, the SHIAC established the first dispute resolution platform for the BRICS countries-BRICS Dispute Resolution Center Shanghai, offering dispute resolution mechanism for settling cross-border disputes among the BRICS countries. In November 2015, SHIAC set up the first dispute resolution platform for disputes arising between Chinese and African countries-China-Africa Joint Arbitration Centre Shanghai, providing the business entities of China and Africa with convenient dispute resolution services.
SHIAC is dedicated to actively giving full play to the important role of arbitration among diversified dispute resolutions and keeps devoting itself to building Shanghai to be the arbitration centre in the Asia-Pacific region and the world as a whole.