A CCPIT spokesperson explained that in the first half of this year, the CCPIT mediation system handled a total of 17,482 commercial mediation cases. In the first half of this year, the CCPIT Mediation System handled a total of 17,482 commercial mediation cases, with a target amount of RMB 11.82 billion; the CCPIT China Maritime Arbitration Commission handled 147 new cases, an increase of 59.78% over the previous year, of which foreign-related cases increased 45.16% year over year, involving 21 countries and regions; the CCPIT Trade Office and Hong Kong Special Corporation represented more than 26,000 patent and trademark applications. Yang Fan, spokesman for the China Council for the Promotion of Trade, explained that since this year, at least 4 rulings of the China International Economic and Trade Arbitration Commission have been enforced in courts in the US, Canada, Turkey and other countries. One of these cases involved more than 450 million US dollars of execution. The ruling was recognized and enforced in the US, setting a new record of extraterritorial execution amounts, and effectively safeguarding the overseas rights and interests of enterprises.

A CCPIT spokesperson explained that in the first half of this year, the CCPIT mediation system handled a total of 17,482 commercial mediation cases. In the first half of this year, the CCPIT Mediation System handled a total of 17,482 commercial mediation cases, with a target amount of RMB 11.82 billion; the CCPIT China Maritime Arbitration Commission handled 147 new cases, an increase of 59.78% over the previous year, of which foreign-related cases increased 45.16% year over year, involving 21 countries and regions; the CCPIT Trade Office and Hong Kong Special Corporation represented more than 26,000 patent and trademark applications. Yang Fan, spokesman for the China Council for the Promotion of Trade, explained that since this year, at least 4 rulings of the China International Economic and Trade Arbitration Commission have been enforced in courts in the US, Canada, Turkey and other countries. One of these cases involved more than 450 million US dollars of execution. The ruling was recognized and enforced in the US, setting a new record of extraterritorial execution amounts, and effectively safeguarding the overseas rights and interests of enterprises.