International Journal of Frontiers in Sociology, 2024, 6(8); doi: 10.25236/IJFS.2024.060808.
Yunlong Zhu1,2, Fangyan Zheng3,4
1University of Washington, Seattle, WA 98195, USA
2WinGlobal, Shenzhen, Guangdong, China
3King’s College London, Strand, London, WC2R 2LS, UK
4Yinghe&Guoen (Futian) Law Firm, Shenzhen, Guangdong, China
Since its inception, the "Belt and Road" initiative has gradually emerged as a pivotal framework for global economic cooperation, encompassing numerous countries and regions across Asia, Africa, and Europe. This grand strategy has not only facilitated the interconnectedness of global infrastructure but has also profoundly influenced international trade patterns and cross-border investment flows. With the ongoing deepening of economic cooperation, various cross-border trade and investment activities have proliferated, leading to an increasing number of civil and commercial disputes. Given the vast disparities in legal systems and cultural backgrounds among the involved countries and regions, resolving these disputes has become increasingly complex and diverse. In this context, the effective and equitable resolution of such disputes has become a crucial factor for the smooth advancement of the "Belt and Road" initiative. Currently, existing international commercial dispute resolution mechanisms are inadequate to fully meet the needs of "Belt and Road" cooperation. Traditional mechanisms of international arbitration and litigation face numerous challenges in terms of efficiency, fairness, and cultural adaptability, while alternative dispute resolution (ADR) mechanisms, though somewhat supplementary, also have their limitations. Therefore, researching and innovating dispute resolution mechanisms tailored to the "Belt and Road" context is not only a necessary requirement for ensuring the healthy development of the initiative but also a vital exploration for contributing new models and ideas to the field of international dispute resolution.
“Belt and Road”; Civil and Commercial Disputes; Settlement Mechanism; Innovative Research
Yunlong Zhu, Fangyan Zheng. Study on the Innovation of Civil and Commercial Dispute Resolution Mechanisms in the Context of “Belt and Road”. International Journal of Frontiers in Sociology (2024), Vol. 6, Issue 8: 39-44. https://doi.org/10.25236/IJFS.2024.060808.
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