Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Beijing, January 6 (Xinhua) — Chinese Premier Li Qiang signed a State Council resolution on the publication of the "Regulations on Commercial Mediation," which is aimed at improving the business climate in the country.
The amendment, which will come into force on May 1, 2026, consists of 33 articles. Their purpose is to regulate commercial mediation activities, effectively resolve commercial disputes, protect the legal rights and interests of the parties involved, and promote the development of the commercial mediation industry.
The document provides that commercial disputes arising between parties in the fields of trade, investment, finance, transport, real estate, construction projects, intellectual property and other related areas are subject to commercial mediation.
Furthermore, the document clearly defines the governance system for commercial intermediary activities. The State Council Office in Charge of Judicial Administration is responsible for the management and standardization of commercial intermediary activities nationwide and coordinates the development of plans for the commercial intermediary industry. Judicial administrative organs of local people's governments at the county level and above are responsible for the management and regulation of commercial intermediary activities within their administrative regions.
The Resolution also stipulates that the state must promote the development of commercial intermediary organizations with international influence in order to enhance their global competitiveness. Such organizations should be supported in conducting commercial intermediary activities related to foreign countries, and commercial intermediary organizations and self-regulatory bodies in the field of commercial intermediary should be encouraged to participate in international exchanges and cooperation.
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