Local Arbitration Legislation in the Context of the Revision of the Arbitration Law
The amendment of the Legislation Law has created room for local arbitration legislation and led to the formulation of local arbitration regulations in Shanghai and Hainan Province.As a result,local legislation should be an issue to be responded in the revision of the Arbitration Law.The response is not only a realistic choice to respect the development of China's arbitration market,but also a necessary measure to achieve the dual development of the rule of law and reform,and promote the internationalization and marketization of arbitration.As the basic legislation for regulating arbitration activities in China,the Arbitration Law can provide support for local arbitration legislation by granting authority.Local arbitration legislation is formulated in pursuant with the Legislation Law and the Arbitration Law,following the guidance of central policies,and by an approach clarified through the coordination between the central and local governments.Within the"non-basic arbitration regimes",the revised Arbitration law should focus on improving the international commercial arbitration system and the construction of international arbitration centers to promote the internationalization and marketization of China's arbitration industry,and help promote the development of China's arbitration industry.
Arbitration LawLegislation LawLocal Arbitration LegislationInternational Arbitration Center
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