Research on Innovative International Commercial Dispute Resolution Mechanism and Institutional Construction Path in Guangxi
Generally,the more prosperous commercial activities,the higher the demand for efficient and fair dispute settle-ment services.An efficient and fair international commercial dispute settlement mechanism not only resolves disputes,but also regulates the international business order and provides guidance for the development of international business.An innovative in-ternational dispute settlement mechanism is an important measure for Guangxi to speed up the connection of the new RCEP eco-nomic and trade rules.It not only meets the market demand for dispute settlements,but also helps Guangxi promote its business environment,develops related industries and improves its governance.However,its development stillfaces challenges in terms of institutions,talents and competitiveness.As such,it is suggested that Guangxi focus on the cross-border economic and trade fields involving ASEAN.Guangxi can create a first-class international business environment that is market-oriented and law-based,develop the RCEP dispute settlement mechanismin an innovative manner,plan a centralized area for dispute settlement ser-vices to gather relevant institutions and guide orderly competition by releasing all kinds of dividends through innovative policy tools and attracting talents and institutions in this regard through relevant preferential policies.In doing so,Guangxi promotes the development ofthe mechanism to build an international commercial dispute settlement center with regional characteristics and in-ternational influence facing ASEAN and RCEP.
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