Shanghai International Economic and Trade Arbitration Commission (Shanghai International Arbitration Center, “SHIAC”), established in 1988, is one of the first arbitration institutions dealing with international arbitration cases in China. SHIAC successively established the China (Shanghai) Pilot Free Trade Zone Court of Arbitration, the Shanghai International Aviation Court of Arbitration, the BRICS Dispute Resolution Center Shanghai, the China-Africa Joint Arbitration Shanghai Center, the Assets and Equity Exchange Arbitration Center, and the Data Arbitration Centre to explore commercial dispute resolution in certain professional fields and geographical areas.
Users from over 80 countries and regions around the global have participated in the procedures administered by SHIAC. SHIAC’s arbitration awards have been recognized and enforced in more than 50 countries and regions in accordance with the New York Convention. SHIAC’s Panel of Arbitrators is constituted by 1115 arbitrators, among whom 829 are from China (including 75 from Hong Kong SAR, Macau SAR and Taiwan region), and 286 are from foreign countries. Arbitrators from Hong Kong SAR, Macau SAR, Taiwan region and foreign countries take 32.38% of the panel. All the arbitrators come from 80 countries and regions around the world, including 38 countries along the Belt and Road Initiative.
SHIAC received the “Award for An Arbitral Institution that Impressed the Past Year” by the Global Arbitration Review in 2016 and the runner-up of its “Annual Award for the Best Innovation in Arbitration”, as the only arbitration institution in China gaining such honor so far. SHIAC is one of the five international commercial arbitration and mediation institutions included in the Supreme People’s Court’s “One-Stop” Diversified Mechanisms for Resolving International Commercial Disputes.