Arbitration refers to a dispute settlement method in which both parties agree to submit the dispute to a third party (with recognized status), and the third party will judge the merits of the dispute and make a ruling. Arbitration is different from litigation and trial. Arbitration requires both parties to be voluntary, which is also different from compulsory mediation. It is a special kind of mediation and voluntary arbitration, which is different from compulsory arbitration such as litigation.

Arbitration is generally a system in which the parties voluntarily submit their disputes to an arbitration tribunal composed of arbitrators from non-judicial institutions for arbitration according to the arbitration agreement concluded by both parties and are bound by arbitration. Arbitration activities, like court trial activities, are related to the substantive rights and interests of the parties and are one of the ways to solve civil disputes.

1, Article 2 of the Arbitration Law stipulates: "Contract disputes and other property rights disputes between citizens, legal persons and other organizations with equal subjects may be arbitrated". Three principles are defined here: first, the parties to a dispute must be civil subjects, including domestic and foreign legal persons, natural persons and other legal person organizations with independent subject qualifications; Second, the disputed matters in arbitration should be matters that the parties have the right to dispose of; Third, the scope of arbitration must be contract disputes and other property rights disputes.

2. Contract disputes refer to disputes arising from the conclusion or performance of various economic contracts by both parties in economic activities, including domestic economic contract disputes, intellectual property disputes, real estate contract disputes, futures and securities trading disputes between natural persons, legal persons and other organizations with equal subjects at home and abroad. Insurance contract disputes, loan contract disputes, bill disputes, mortgage contract disputes, transportation contract disputes and maritime disputes. , including foreign-related economic disputes involving Hongkong, Macau and Taiwan Province Province, as well as disputes involving international trade, international agency, international investment and international technical cooperation.

3, other property disputes, mainly refers to the disputes caused by infringement, including? Torts in product quality liability and intellectual property rights are common.

References:

Arbitration Law _ Baidu Encyclopedia