Arbitration

Asone of the first arbitration institutions that deal with foreign-relatedcases in China,Shanghai InternationalEconomicand Trade Arbitration Commission (also knownasShanghai International Arbitration Center,hereinafterreferredto as "SHIAC")was founded in 1988.Over theyears,SHIAChas established a number of professionalworkingplatforms,e.g.the China(Shanghai)Pilot FreeTradeZone Court of Arbitration,the Shanghai InternationalAviationCourt of Arbitration,the BRICS Dispute ResolutionCenterShanghai,the China-Africa Joint Arbitration CenterShanghaiand the Data Arbitration Centre,etc.

SHIACcases involved parties from 81 countries and regions,including 46Belt and Road countries.Apart fromparties'voluntaryperformanceof arbitral awards,SHIAC arbitral awards have been recognized andenforcedunder the New York Convention in 50 countries and regions.

TheSHIAC Panel of Arbitrators comprises 1,115 arbitrators coming from 80countriesandregions,including 38 Belt and Road countries.Among the 1,115arbitrators,atotalof 754(i.e.67.62%)arbitrators are from China'mainlandand the remaining361(i.e.32.38%)come from Hong Kong SAR,MacauSAR,Taiwan Region and therestof the world.