On April 6, Nanjing International Commercial Court was unveiled. The bilingual website of the Nanjing International Commercial Court and Nanjing Court’s “one-stop” platform for the diversified settlement of international commercial disputes were launched at the same day.
As the 11th international commercial court unveiled in China, Nanjing International Commercial Court will specialize in in foreign-related civil and commercial cases and will focus its jurisdiction on cases involving international commercial disputes of less than 5 billion yuan.
During the period from 2013 to 2022, the courts in Nanjing accepted a total of 2,389 foreign-related civil & commercial cases and arbitration-related judicial review cases, involving 104 types of causes of action. The parties came from more than 60 countries and regions, including the United States, the United Kingdom, India, Mexico, etc.
the Nanjing International Commercial Court will specifically have jurisdiction over the following cases:
(I) Foreign-related civil & commercial cases of first instance with a subject matter amounting to less than RMB 5 billion, as well as cases of disputes over letter of credit, independent letter of guarantee dispute cases, civil & commercial judicial assistance cases, cross-border bankruptcy assistance cases, and arbitration-related judicial review cases under the centralized jurisdiction of the Intermediate People’s Court of Nanjing (foreign-related civil & commercial cases of first instance with a subject matter amounting to less than RMB 40 million in Nanjing Jiangbei New Area are under the jurisdiction of the Nanjing Jiangbei New Area People’s Court);
(II) Civil & commercial cases of first instance under the jurisdiction of the Intermediate People’s Court of Nanjing in which one of the parties is a wholly foreign-owned enterprise and the domiciles of the parties are in or outside Jiangsu Province and the subject matter of the litigation amounts to more than RMB 500 million but less than RMB 5 billion; or the civil & commercial cases of first instance in which the domicile of one of the parties is not in Jiangsu Province and the subject matter of the litigation amounts to more than RMB 100 million but less than RMB 5 billion;
(III) Cases appealing against first instance judgments and rulings on foreign-related civil and commercial matters made by the Nanjing Jiangbei New Area People’s Court;
(IV) Cases appealing against first instance judgments and rulings on civil and commercial matters made by the city’s grassroots courts in which one of the parties is a wholly foreign-owned enterprise;
(V) Other cases to be handled by the Nanjing International Commercial Court.
cr to: Nanjing urban internationalization