Special benches improve quality of hearings
In the past year, in addition to making efforts to promote tourism and protect the environment via improved legal services, Jiangxi province has encouraged courts to improve the quality and efficiency of financial hearings.
In October, Nanchang Intermediate People's Court in Jiangxi opened two specialized courts, one in Donghu district and the other in Xihu district, to deal with financially related civil suits, such as those involving credit cards, insurance, securities and loan contracts.
"The move is aimed at avoiding financial risks, boosting Nanchang's economy and dealing with the rise in financial disputes related to construction and development in the city in recent years," said Tao Ran, head of the financial court in Xihu. He said that more than 80 percent of financial disputes in the city occur in Xihu and Donghu, "so the establishment of these specialized courts to improve the efficiency of hearings is a must".