Decision of the Standing Committee of the National People’s Congress on the Ratification of the Convention on the Recognition and Enforcement of Foreign Arbitral Awards

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Promulgated by the 18th Session of the Standing Committee of the Sixth National People’s Congress on December 2, 1992, and effective from that date. 

 

The 18th Session of the Standing Committee of the Sixth National People's Congress decided that the People' s Republic of China would accede to the Convention on the Recognition and Enforcement of Foreign Arbitral Awards and also stated that:

(1) The People's Republic of China will apply the Convention on the basis of reciprocity only for the recognition and enforcement of arbitral awards made in the territory of another State Party;

(2) The People's Republic of China will apply the Convention only to differences arising out of legal relationships, whether contractual or not, which are considered commercial under the national law of the People's Republic of China.

Attachment: Convention on the Recognition and Enforcement of Foreign Arbitral Awards

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