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China Maritime Arbitration Commission accepts 80 cases in Jan-May

China

China

China

China Maritime Arbitration Commission accepts 80 cases in Jan-May

2025-06-06 20:53 Last Updated At:21:27

The China Maritime Arbitration Commission (CMAC) accepted 80 cases between January and May this year, according to the 2025 China High-level Dialogue on Maritime and Commercial Arbitration held in Beijing on Friday.

The 80 cases, covering various types such as bill of lading transportation, time chartering, freight forwarding, and shipbuilding, comprised 47 domestic cases and 33 foreign-related cases. The foreign-related cases accounted for 41.25 percent of the total, marking nearly a 10 percent year-on-year growth and involving 21 countries and regions.

This indicates that diversified dispute resolution services, with arbitration as a key component, have been recognized by both Chinese and foreign enterprises. It fully demonstrates the positive role played by China's maritime arbitration in serving foreign-related economies and ensuring the high-quality development of the shipping industry.

"The rise of unilateralism and protectionism has severely undermined the international economic and trade order and significantly increased uncertainties for enterprises operating globally. This makes it more urgent to resolve disputes timely through the rule of law," said Ren Hongbin, chairman of the China Council for the Promotion of International Trade (CCPIT).

The CMAC, established by the CCPIT, is China's sole national-level foreign-related arbitration institution specializing in maritime and logistics disputes. Over the past six decades and more since its founding, CMAC has played a pivotal role in promoting the development of China's shipping and trade.

China Maritime Arbitration Commission accepts 80 cases in Jan-May

China Maritime Arbitration Commission accepts 80 cases in Jan-May

Xi Jinping, general secretary of the Communist Party of China (CPC) Central Committee and Chinese president, said on Monday that the relationship between China and the Democratic People's Republic of Korea (DPRK) stands at a new historical starting point.

Xi arrived in the DPRK capital of Pyongyang earlier on Monday to begin a two-day state visit at the invitation of Kim Jong Un, general secretary of the Workers' Party of Korea and president of the State Affairs of the DPRK, marking his first trip to the country in seven years.

Delivering a speech at a welcome banquet hosted by Kim, Xi pointed out that China and the DPRK, linked by mountains and rivers and sharing a common future, have seen their traditional friendship passed down across generations and grow ever stronger over time through the test of the evolving international landscape.

This year marks the 65th anniversary of the China-DPRK Treaty of Friendship, Cooperation and Mutual Assistance, and the China-DPRK relationship stands at a new historical starting point, Xi said, noting that he has reached important consensus with Kim during his visit.

From the strategic perspective of the future and destiny of socialism, both leaders have agreed to seize the general trend of the times, respond to the shared aspirations of the two peoples, strengthen high-level exchanges, deepen strategic communication, expand practical cooperation, enhance people-to-people bonds, promote the high-level development of China-DPRK relations, jointly open up brighter prospects for the socialist cause of both countries, and contribute to the continuous progress of human society, Xi said.

The successful convening of the Ninth Congress of the WPK this year has made strategic plans and major arrangements for the long-term development of the Party and the country's cause, ushering in a new period of comprehensive development of the DPRK's socialist cause, Xi said.

As good neighbors, good friends and good comrades, the Chinese side sincerely wishes that, under the strong leadership of the Central Committee of the WPK headed by General Secretary Kim, the DPRK people will successfully accomplish the goals and tasks set by the Ninth Congress of the WPK and make constant new achievements in the socialist cause of the DPRK, Xi said.

On behalf of the WPK, the government and the people of the DPRK, Kim extended the warmest welcome to Xi on his visit. Kim said that Pyongyang was filled with an atmosphere of friendship on this special day as the DPRK's Party, government and people warmly welcomed their most distinguished guest.

Noting that Xi's first overseas trip of the year had brought him to the DPRK, Kim said this fully demonstrated the great importance Xi attached to developing relations between the two parties and the two countries, and constituted the most valuable support for the DPRK's socialist cause.

Noting the meeting with Xi came nine months after their previous meeting, Kim said that during this meeting, they reached important consensus on further advancing DPRK-China relations with new contemporary connotations in light of new changing circumstances, and exchanged views on international and regional issues of mutual concern, which will surely accelerate the development of the DPRK-China friendship with profound historical traditions, and contribute to peace and stability in the region and the world.

The DPRK people take heartfelt joy in the remarkable achievements made by the brotherly Chinese people, Kim said, expressing belief that under the leadership of the CPC with Xi at its core, the great Chinese people will surely create greater achievements in building a great modern socialist country in all respects, realizing the Second Centenary Goal, and completing the new journey toward the great rejuvenation of the Chinese nation.

Xi says China-DPRK ties stand at new historical starting point

Xi says China-DPRK ties stand at new historical starting point

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