Tao Kaiyuan, vice-president of the Supreme People's Court (SPC) of China, called for closer cooperation in building a diversified resolution mechanism for international commercial disputes, while attending the BRICS Justices Forum on Sept 21.

Tao made the remarks during the panel session "development and prospects of diversified dispute resolution mechanism for international commercial matters" of the forum. Based on the practices of the international commercial tribunal of China's SPC, she shared China's experiences on building the mechanism to deepen judicial cooperation among BRICS countries.

To maintain professionalism and increase the international credibility of the mechanism, China has released a series of related judicial interpretations and normative documents, appointed veteran judges to international commercial cases, and utilized multiple cases of social significance to guide judgment rules, she said. She went on to pledge that China will continue in its efforts on talent cultivation, improving the jurisdiction mechanism, unifying judgment rules and strengthening case management, in a bid to foster a stable, fair, transparent and predictable law-based business environment for the BRICS countries.

To expand the international influence of the mechanism by highlighting its international features, Tao explained that China's international commercial tribunal adheres to the principles of extensive consultation, joint contribution and shared benefits. China also took the lead to establish the International Commercial Expert Committee and has been proactively engaged in international judicial cooperation and exchanges, which have laid a sound foundation for the "global circulation" of China's international commercial adjudications, she added.

To achieve the diversification of the mechanism by enhancing inclusiveness, China's international commercial tribunal has launched the one-stop diversified dispute resolution mechanism for international commercial matters connecting litigation, arbitration and mediation, according to Tao. In the future, more efforts will be made to involve more influential arbitration and mediation institutions in the mechanism for international commercial matters, and explore pragmatic and effective means for litigation, mediation and arbitration alignment, in a bid to meet the diversified demands of litigants, she said.