We also suggest you that, if you did not do it before, insert the following model arbitration clause in your contract to guarantee prompt, efficient and cost-effective dispute resolution in the future:
“Any dispute arising from or in connection with this contract shall be submitted to China International Economic and Trade Arbitration Commission, South China Sub-Commission for arbitration which shall be conducted in accordance with the Commission's arbitration rules in effect at the time of applying for arbitration. The arbitral award is final and binding upon both parties. The case shall be examined by a sole arbitrator appointed by the chairman of CIETAC on the basis of written documents only and oral hearings shall be omitted. Any arbitral document and evidence can be submitted or transmitted by e-mail or online, and the examination of evidence can be conducted on paper, unless the arbitral tribunal decides otherwise. The place of arbitration is . The English language shall be the official language to be used in the arbitration proceedings. The arbitral award is final and binding upon both parties. Where one party fails to execute the award, the other party may apply to a competent court for enforcement of the award, disclose the award and the failure of the opposing party to execute the award. ”
To contact CIETAC South China directly, please email to info@sccietac.org.
