Article 1 This Law is formulated for the purpose of ensuring the impartial and prompt arbitration of economic disputes,
protecting the legitimate rights and interests of the parties, and guaranteeing the sound development of the socialist
market economy.
Article 2 Disputes arising out of contracts and other disputes relating to rights and interests in property between
citizens, legal persons and other organizations that are equal subjects may be submitted to arbitration.
Article 3 Disputes coming under the following categories shall not be submitted to arbitration:
(1) disputes arising from marriage, adoption, guardianship, support and inheritance; and
(2) administrative disputes that, according to law, should be handled by administrative authorities.
Article 4 The parties' submission to arbitration to settle their dispute shall be on the basis of both parties' free will

and an arbitration agreement reached between them. Failing an arbitration agreement, the Arbitration Commission shall
not accept the application for arbitration submitted by either of the parties.
Article 5 In case of an arbitration agreement, a suit brought before a people's court by either of the parties to the
arbitration agreement shall not be accepted, except the arbitration agreement is null and void.
Article 6 The Arbitration Commission shall be selected by the parties by agreement.
In arbitration, there shall be no level competency, nor territorial jurisdiction.
Article 7 In arbitration, disputes shall be settled on the basis of facts, in conformity with law and in a just and
reasonable manner.
Article 8 The arbitration shall be conducted independently by virtue of law, and shall not be subject to interference by
any administrative agency, public organization or individual.
Article 9 The arbitral award shall be final. Once an arbitral award has been made, neither the Arbitration Commission
nor the people's court shall accept the application for arbitration submitted, or the suit brought, by either of the parties as
to the same dispute.
Where an arbitral award has been ordered to be rescinded or not to be executed by a people's court according to law,
either of the parties may submit the dispute to arbitration according to the arbitration agreement reconcluded between
them, or bring a suit before a people's court.