On 21st. Oct 2019, Shanghai Municipal Bureau of Justice issued “Administrative Measures for Business Of?ces Established by Overseas Arbitration Institutions in Lin-Gang Special Area of China (Shanghai) Pilot Free Trade Zone”(《境外仲裁機(jī)構(gòu)在中國(guó)(上海)自由貿(mào)易試驗(yàn)區(qū)臨港新片區(qū)設(shè)立業(yè)務(wù)機(jī)構(gòu)管理辦法》).
The State Council of China issued stipulation in July 2019, which provides that foreign well-known arbitration and dispute settlement institutions should be allowed to establish business organizations in the new area to conduct arbitration business in respect of civil and commercial disputes.
There have been some updates to the aforementioned situation.
On 21st. Oct 2019, Shanghai Municipal Bureau of Justice promulgated a new stipulation, which specified how foreign arbitration institutions should set their business organization.