CIETAC 2022 Statistics Show Its Endeavour In Line With International Practices

The China International Economic and Trade Arbitration Commission (CIETAC) has published its 2022 statistics and 2023 Work Plan. In 2022, CIETAC saw continued growth in caseload and in the amount in dispute. The statistics also indicate an enhanced diversity in terms of types of disputes, geographical origins of parties, languages of arbitration, governing laws, and involvement of arbitrators outside of mainland China. CIETAC also continues to explore best practices in international arbitration and innovations, including in relation to emergency arbitrators and third-party funding. Looking forward, CIETAC states that it will continue its efforts in internationalising its arbitration rules, and improving its IT infrastructure and digital management in 2023.