On 1 February 2019, CIETAC published its 2018 statistics and 2019 work plan. The statistics show a substantial increase in CIETAC’s caseload and the total amounts in dispute, as well as a growing diversity of cases administered by CIETAC.
CIETAC received 2,962 new cases during 2018, representing a 28.89% increase compared to the previous year. 522 of these cases are foreign-related, of which 36 are between non-Chinese parties: 9.66% more than 2017. CIETAC accepted 2,440 new domestic cases in 2018, an increase of 33.92% on the previous year.
For the first time in its history, the total amount in dispute in the cases received by CIETAC in a year exceeded CNY 100 billion (approx. USD 14.8 billion), a 41.32% increase on 2017. Newly received cases with an amount in dispute exceeding CNY 100 million (about USD 14.8 million) totalled 171, 46.15% more than 2017.
CIETAC closed 2,524 cases in 2018, 11.04% more than in 2017. With 2,022 on-going cases, CIETAC has a 28.3% larger caseload than at this time last year.
The statistics also demonstrate a growing diversity in terms of party origins, geographical ties, use of languages, the involvement of foreign arbitrators, and types of dispute.
The parties involved in the cases administered by CIETAC in 2018 are from 60 different jurisdictions. A total 73 cases were related to the 23 “Belt and Road” countries. In 79 cases, English, English and Chinese, or German were used as language of the arbitration. A total of 59 arbitrators from outside China were appointed in 58 cases.
Cases administered by CIETAC in 2018 related to a total 20 categories of disputes, including, for example, sale of goods, loans, equity transfer and investment, services, mechanical and electrical equipment, and construction and engineering. It is also worth noting that CIETAC received 172 new cases involving domain name disputes in 2018, which is 10.26% more than in 2017.
The statistics released by CIETAC are available at http://www.cietac.org.cn/index.php?m=Article&a=show&id=15804 (currently in Chinese only).