China International Economic and Trade Arbitration Commission (CIETAC) is well known in the world. It is also the earliest and the biggest arbitration institution in China. CIETAC independently and impartially resolves commercial and trade disputes by means of arbitration.
Established in April of 1956, it was originally named Foreign Economic and Trade Arbitration Commission of China Council for the Promotion of International Trade (CCPIT). It was renamed as the Foreign Economic and Trade Arbitration Commission in 1980. And it was again renamed China International Economic and Trade Arbitration Commission in 1988. In 2000, China International Economic and Trade Arbitration Commission started to use the name of CCOIC Court of Arbitration concurrently.
With its headquarters in Beijing, CIETAC also has three specialized committees, which are the Expert Consultation Committee, the Case Edition Committee and the Arbitrator Qualification Review Committee and 9 departments. CIETAC has sub-commissions in Tianjin and Chongqing and Shenzhen. In order to satisfy the demands of business, the CIETAC also established 26 liasion offices in different regions and specific business sectors to provide parties with convenient arbitration advice. There is a special committee for specific business sectors within CIETAC. It acts as a specialized organization for communicating with related sectors and promoting arbitration and a specific arbitration center to resolve disputes of specific business sectors based on authorization.
CIETAC develops alternative dispute resolution beside of arbitration concurrently. In 2000, CIETAC Domain Name Dispute Resolution Center was established to provide dispute resolution services with regard to .com, .org, .net, .cn and other top-level domain names. In 2009, CIETAC’s Online Arbitration Rules came into effect to facilitate the resolution of online disputes such as e-commerce disputes. In 2010, CIETAC formulated its Construction Dispute Review Rules to provide efficient expert services for a quick fix of construction disputes. In 2011, CIETAC established its Investment Dispute Resolution Center to accept investment dispute cases between private investors and the host state government where they have agreed on CIETAC arbitration.
With its emphasis on commercial arbitration, CIETAC has fostered a diversified, dynamic and interdependent service system for multiple dispute resolution.
Throughout the past 50 years, the CIETAC has made prominent contributions to the legislation of the Chinese Arbitration Law and the development of the arbitration practice in China, has maintained positive relations and cooperation with all the major arbitration institutions across the world and gained the reputation at home and abroad as an independent, impartial and efficient arbitration institution.