Resolution of Economic Disputes: Administrative Reconsideration (IV) Arbitration agreement1. Concept of arbitration agreementAn arbitration agreement refers to the expression of intention reached between the disputing parties to submit any disputes relating to their substantive rights and obligations that have occurred …
Resolution of Economic Disputes: Administrative Reconsideration (III) Economic arbitration institutions1. Arbitration commissionsAn arbitration commission refers to an institution established in accordance with the law and exercising the power to arbitrate civil and commercial disputes within a scope specified in arbitr…
Resolution of Economic Disputes: Administrative Reconsideration (II) Principles of economic arbitrationThe basic principles of economic arbitration apply through the whole process of arbitration, and are the guidelines that must be followed by arbitration institutions and the disputing parties. The basic principles of e…
Resolution of Economic Disputes: Economic ArbitrationI. Overview of Economic Arbitration(I) Concept of economic arbitrationArbitration is a method of resolving disputes between the disputing parties by submitting the issues in dispute to an arbitration institution for a legally binding award based on the arbitration agr…
Resolution of Economic Disputes: Administrative Reconsideration (II) Decisions and their enforcementAn administrative reconsideration decision is the manifestation of the final result of administrative reconsideration and the conclusive decision on an administrative action made by the reconsideration authority after rev…
Resolution of Economic Disputes: Administrative ReconsiderationIII. Administrative Reconsideration Procedure(I) Petition and acceptanceIf an individual, legal entity, or other organization believes that their legal rights and interests have been infringed upon by an administrative action, they may file a petition for ad…
Resolution of Economic Disputes: Administrative Reconsideration (II) Participants in administrative reconsideration and administrative reconsideration authorityParticipants in administrative reconsideration refer to those who participate in the whole process of administrative reconsideration activities to protect their …
Resolution of Economic Disputes: Administrative ReconsiderationII. Conditions for Administrative ReconsiderationThe operation of the administrative reconsideration system requires the satisfaction of certain conditions, including the scope of reconsideration, jurisdiction, and participants in administrative reconsiderat…
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Steve Li 