Huang Yong
Member of the Standing Committee of the Beijing Municipal People's Congress, deputy director of the Financial and Economic Affairs Committee of the Beijing Municipal People's Congress, and executive vice-president and professor of the Institute of Foreign-related Rule of Law at the University of International Business and Economics
The Institute of Foreign-related Rule of Law at the University of International Business and Economics is the first substantive foreign-related rule of law institute in China. It was selected as the National Foreign-related Rule of Law Research Base in March 2022. Its research focuses on the rules of WTO and international economic and trade, the settlement of international commercial disputes and the rule of law in the European Union. In the future, we hope to strengthen cooperation with the academic, judicial and arbitration communities for more guidance and materials worthy of research.
When the Beijing International Commercial Court (BICC) carries out its work, it should apply rules distinguished from the international commercial trial rules of the Supreme People’s Court, while abiding by both Chinese laws and international rules in a general respect, contributing to the development of commercial trials and rules in Beijing. Firstly, it is important to consider how to meet the requirements of internationalization in the construction of the "Two Zones" of Beijing, which are the national comprehensive demonstration zone for expanding opening-up in the services sector and the China (Beijing) Pilot Free Trade Zone. The Central Economic Work Conference held last year called for efforts to actively promote China’s accession to high-standard economic and trade agreements such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the Digital Economy Partnership Agreement, and to deepen domestic reforms in relevant fields based on related rules, regulations, management and standards. Therefore, rules and regulations in the judicial field should also be tuned to the international standards. Secondly, it is necessary to consider how to give play to the role of domestic and international arbitration in the construction of the "Two Zones" of Beijing, and how to establish the judicial image and reserve professionals in the emerging fields such as intellectual property, sports arbitration, and internet data, and to strengthen the studies of related laws in these fields. Thirdly, there are many foreign-related enterprises, international enterprises and foreign-invested enterprises in Beijing. It is necessary to think further about how to give play to the role of the BICC in foreign-related compliance to better ensure the realization of the socialist rule of law with Chinese characteristics.
