In order to fulfill its role of the International Commercial Expert Committee of a "Thinking Tank", and to build a learning platform for judges and the international commercial experts, the Fourth Civil Division of the Supreme People's Court of China(the SPC) recently held an international commerce expert lecture, inviting Professor Susan Finder and Professor Liu Jingdong, both members of the International Commercial Expert Committee, to respectively give lectures on the “Impact of the Belt and Road Initiative on Chinese Courts” and the “Research on the Construction of the Rule of Law System of the Belt and Road Initiative”. Wang Shumei, Chief Judge of the Fourth Civil Division of the SPC, made a concluding speech.
Susan Finder believed that, the exploration and innovation made by the SPC in international commercial trials have been recognized and supported by the legal professionals from various countries. The establishment and operation of the International Commercial Court have received wide attention from the international community. In front of the legal problems and challenges that may be encountered in the operation of the International Commercial Court, the SPC needs to continuously carry out institutional innovation, strives to cultivate a group of judicial elites with relevant practical experience and international influence, and ultimately enhances the overseas judicial credibility and influence of Chinese courts.
Liu Jingdong pointed out that, in the construction of the rule of law in the Belt and Road Initiative, attention should be paid to the latest achievements of international economic law in the areas of environment, labor, human rights, intellectual property protection, trade facilitation, etc. The legal system should be constantly adjusted to the openness of China’s market and the legal gaps should be filled. China's judicial system should continue to exert its influence in the construction of the Belt and Road Initiative, strive to adapt to the competition in the legal market and China’s role as the initiator of the Belt and Road Initiative. The dispute resolution mechanism of the Belt and Road Initiative should be constructed on the basis of equal negotiation.
*The original text is Chinese and has been translated into English for reference only. If there is any inconsistency or ambiguity between the Chinese version and the English version, the Chinese version shall prevail.