The Combination of Conciliation with Arbitration in the People's Republic of China

The combination of conciliation with arbitration may offer parties the advantages that are enjoyed under both procedures. The Chinese approach to this combination is highly flexible. It favors the amicable settlement of disputes and at the same time offers the potential advantage of a consent award that is legally enforceable, where parties successfully resolve their dispute through conciliation. The Arbitration Law of the People's Republic of China and the Arbitration Rules of the respective arbitration institutions embrace this approach with explicit provisions.