三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

USEUROPEAFRICAASIA 中文雙語Fran?ais
China
Home / China / Society

Courts feel trials of global economy

By Zhang Yan | China Daily | Updated: 2013-06-17 01:10

Mainland judges face a growing number of international cases

Increasing globalization of the economy is leading to more legal disputes involving overseas parties, posing unprecedented challenges for the court system, a judge said.

"When investment profits fluctuated sharply, a spate of disputes erupted in small and medium-sized companies that lacked mature corporate governance structures and investment arrangements," said Liu Guixiang, presiding judge of the No 4 Civil Tribunal under the Supreme People's Court, which is in charge of overseas commercial and maritime trials.

Courts across the mainland concluded 171,000 civil, commercial and maritime lawsuits involving overseas parties from 2008 to 2012, a jump of 57 percent from the previous five-year period, Liu said. Among those lawsuits, 65,000 involved Hong Kong, Macao and Taiwan parties, he said.

The increase in disputes is also partly because of rising labor and production costs on the mainland.

Liu said there has been a shift in the types of disputes from sales, leasing, technology and joint ventures to a steady rise in cases of intellectual property rights infringements, marriages and finance, he said.

Some joint ventures paid little attention to foreign direct investment policy and government requirements.

"These joint ventures usually did not draft the joint venture contracts thoughtfully on a solid legal basis. So at a later stage during the joint venture's operation, the foreign parties can develop great differences with their mainland partners about things such as ballot calculation of the board of directors, equity allocation ratio and shareholders' remedies," he said.

Facing increasing lawsuits, courts are trying to strike a balance between heavy caseloads and achieving efficient justice, despite doubts about judicial capacity and efficiency of judges, he said.

According to Shen Hong-yu, a senior judge from the No 4 Civil Tribunal under the Supreme People's Court, disputes have involved companies from the United States, United Kingdom, Germany, some Southeast Asian and African countries, as well as from Hong Kong, Macao and Taiwan.

In transnational lawsuits, foreign parties can choose foreign law as the applicable law.

"This has posed a difficulty for judges in finding the foreign law and correctly understanding relevant laws for different countries," Liu said.

But Liu assured that the Supreme People's Court has taken measures to guarantee that only qualified courts and judges with strong academic backgrounds are permitted to try overseas-related civil and commercial cases.

The judges are also required to accept continual training for domestic and international laws, he said.

Courts will also strive for more transparency, he said.

"Publishing court verdicts online is on top of the agenda this year. Making hearings public and releasing judgments online will further promote the openness and transparency of court trials, and will foster the positive image of the Chinese judiciary," he said.

Ji Xiang, a lawyer from Beijing Fangda Law Firm, which specializes in transnational lawsuits, said legislators need to update laws to better settle disputes involving transnational companies.

David Yu from Hong Kong, who works in Beijing for the legal affairs department of a transnational company specializing in environmental materials, said the complicated administrative approval procedures should be simplified to facilitate overseas investors.

He said he hoped to see China promote judicial transparency and improve efficiency.

According to the Ministry of Commerce, the mainland attracted foreign direct investment of $111.72 billion last year, and its companies invested $77.2 billion in overseas markets.

Editor's picks
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 日本人与黑人做爰视频网站 | 99久久er热在这里都是精品66 | 男人看片网址 | 欧美亚洲尤物久久精品 | www.av免费| 国产亚洲小视频 | 国产精品天天看特色大片不卡 | 成人资源在线观看 | 亚洲国产女人aaa毛片在线 | 一级毛片免费一级直接观看 | 成年男女免费视频网站 | 中文字幕一级片 | 国产成人91一区二区三区 | 天天天天鲁天天拍一拍 | 亚洲高清免费观看 | 亚洲精品一区二区三区四区五区 | 久久东京伊人一本到鬼色 | 欧美黄色a级片 | 欧美国产综合视频 | 澳门一级毛片免费播放 | 模特尤妮丝凹凸福利视频 | 久久久久久免费一区二区三区 | 国语对白清晰好大好白 | 女人被狂躁视频免费网站 | 国产一级精品毛片 | 国产成人综合精品 | 国产无遮挡又黄又爽在线视频 | 国产高清国产专区国产精品 | 欧美日韩亚毛片免费观看 | 久久免费视频精品 | 欧美精品国产一区二区 | 欧美激情整片a级 | 114一级毛片免费 | 99热成人精品国产免男男 | 天天插综合网 | 99久久综合给久久精品 | 性视频一区二区三区免费 | 国产一区二区三区在线视频 | 色在线视频 | 免费播放拍拍视频在线观看 | 亚洲欧洲日本精品 |