China unveils courts to resolve intl commercial disputes

Two specialized courts are established to resolve international commercial disputes. [Photo/The Supreme People's Court of the People's Republic of China]

On Friday, China unveiled two specialized courts to help resolve large international commercial disputes, particularly those involving countries in the Belt and Road Initiative.

The No 1 International Commercial Court is in Shenzhen, Guangdong province, and the No 2 International Commercial Court is in Xi'an, Shaanxi province, according to the top court.

Zhang Yongjian, chief judge for the No 4 Civil Division at the Supreme People's Court, said Thursday that the No 1 special court has been established in Shenzhen because the city faces a rising number of foreign-related cases every year, and it is also a key location on the 21st Century Maritime Silk Road.