LOCAL ROOTS GLOBAL IMPACT
2018-04-25 09:11:10
法人 2018年4期
“The only local arbitration commission which meets or surpasses global standards”- The Economist Intelligence Unit“The runner up for the up-and-coming regional arbitral institution of the year (2014)”- Global Arbitration Review
BAC/BIAC Pro fi le
The Beijing Arbitration Commission (BAC), also known as the Beijing International Arbitration Center (BIAC), was established in 1995 as a non-governmental arbitration institution, and became the fi rst self-funded Chinese arbitration institution in 1999. It provides institutional support as an independent and neutral venue for the conduct of domestic and international arbitration and ADR proceedings. It is operated by a Secretariat headed by its Secretary General under the supervision of its Committee. The BAC/BIAC Arbitration Rules 2015 were unveiled on December 4, 2014, and came into force on April 1, 2015. The 2015 rules widely adopt UNCITRAL Arbitration Rules and further accept up-to-date international practice.
Beijing Arbitration Commission
Beijing International Arbitration Center
Tel: +86 10 6566 9856 Fax: +86 10 6566 8078 Email: bjac@bjac.org.cn
Address: 16/F, China Merchants Tower,No.118 Jian Guo Road,
Chaoyang District, Beijing 100022, China
Hearing Room
BAC/BIAC Growth
From 7 cases fi lings in 1995 to over 27,000 case in total by 2015
1500+ new fi lings on average per year since 2005
600+ international cases in total
Parties from various jurisdictions including USA, UK, Germany, Australia, Japan,South Korea, Singapore, Hong Kong and Taiwan, etc.
The sum in dispute of around 17.6 billion RMB (approx. 2.68 billion USD or 2.46
billion EUR) per year on average since 2011 with a highest claim amount of 10
billion RMB (Approx. 1.52 billion USD or 1.4 billion EUR) in 2015
Recommended BAC/BIAC Model Clause:
All disputes arising from or in connection with this contract shall be submitted to Beijing Arbitration Commission / Beijing International Arbitration Center for arbitration in accordance with its rules of arbitration in effect at the time of applying for arbitration. The arbitral award is fi nal and binding upon both parties.
