Legal agencies to help enterprises expand overseas

The China Council for the Promotion of International Trade announced on Monday the establishment of two arbitration agencies to assist Chinese companies' global expansion.

The two agencies will be under the supervision of the China International Economic and Trade Arbitration Commission and the China Maritime Arbitration Commission, the international trade and maritime arbitration institutions of the CCPIT.

Yu Jianlong, deputy director of the CIETAC, said both agencies will resolve economic and trade disputes through independent, impartial arbitration.