In 2024, CIETAC accepted 758 international cases, an increase of 18% compared to the previous year.
The China International Commercial Arbitration Annual Report released today shows that in recent years, with the increasing international influence of China's trade and commercial arbitration, the number of foreign-related cases being accepted has been increasing year by year. The report shows that in 2024, the Trade Arbitration Commission accepted 758 foreign-related cases, an increase of 18% compared to the previous year; the total amount of disputes in foreign-related cases handled by the Commission increased from 37.4 billion yuan in 2022 to 81.125 billion yuan in 2024, doubling the disputed amount.
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