Study on the Improvement of China's Commercial Mediation System in the Context of the Singapore Convention on Mediation

Abstract

China has established a diversified dispute resolution mechanism for the settlement of commercial disputes in trade transactions with The birth of the Singapore Convention on Conciliation (hereinafter referred to as "the Convention") is a milestone in the field of international commercial dispute settlement, which is integrated with China's development philosophy of win-win situation. The birth of the Singapore Convention on Conciliation (hereinafter referred to as "the Convention") is a milestone in the field of international commercial dispute settlement, which is integrated with China's development philosophy of win-win cooperation. The Convention strengthens the enforce ability of settlement agreements and brings cross-border enforcement of commercial mediation to a new stage of development. The Convention strengthens the enforce ability of settlement agreements and brings cross-border enforcement of commercial mediation to a new stage of development. From Confucianism, which upholds the concept of "no litigation", to the current innovation of the people's mediation system, China has always attached importance to the harmony of the international community. From Confucianism, which upholds the concept of "no litigation", to the current innovation of the people's mediation system, China has always attached importance to the harmony and stability of social relations at the legal level, and has continuously optimized the dispute However, the convergence between China and the rest of the world has been a major factor in the development of the mediation system, as well as in the current innovation of the people's mediation system. However, the convergence between China's commercial mediation system and the Convention has revealed the existence of legal gaps in the commercial mediation system, uneven professional quality of the mediation system, and the lack of a legal framework for the mediation of disputes. However, the convergence between China's commercial mediation system and the Convention has revealed the existence of legal gaps in the commercial mediation system, uneven professional quality of mediators, and obstacles to the cross-border implementation of settlement agreements. suggested that by improving legislation, formulating the qualification standards for mediators, and cracking down on the degree of false mediation and other corresponding methods, the two should be made more effective. It is suggested that by improving legislation, formulating the qualification standards for mediators, and cracking down on the degree of false mediation and other corresponding methods, the two should be well converged, landed, and compatible, so as to improve the legislation on commercial mediation and the The two should be well converged, landed, and compatible, so as to improve the legislation on commercial mediation and the judicial system in China, and provide more efficient, flexible, convenient, and effective ways of settlement for the vast number of commercial subjects It will improve China's commercial mediation legislation and judicial system, provide a more efficient, flexible, convenient and cost-effective way It will improve China's commercial mediation legislation and judicial system, provide a more efficient, flexible, convenient and cost-effective way of dispute resolution for the majority of commercial subjects, respect the autonomy of commercial subjects, reduce the cost of resolving transnational commercial disputes, maintain a harmonious relationship between commercial subjects, and bring it in line with international standards to create a more favourable, open and rule-of-law system. more favourable, open and rule-of-law business environment.