Zones to increase legal help, solve business disputes
By Zhang Zhao and Zhong Nan | China Daily | Updated: 2017-02-03 07:14
The Supreme People's Court, China's top judicial body, called for more innovative business models in the country's pilot free trade zones to offer more legal backup to support economic growth.
The top court issued a guideline last month in which it said it would sustain diversified mechanisms, including mediation and arbitration, to solve civil and business disputes, and supports the development of the free trade zones.
Courts in charge of FTZs are encouraged to explore innovative trial procedures to improve efficiency. Streamlined procedures will be applied in those cases involving global companies with simple facts and clear legal relations.
Photo