China's Minister of Justice He Rong said in Beijing on the 8th that in the past five years, 16,000 foreign-related arbitration cases have been handled, with a subject amount of 730 billion yuan (RMB, the same below), of which more than 4,400 cases will be accepted in 2024, with a target amount of nearly 200 billion yuan, an increase of 100% and 136% respectively compared with 2020.

The Information Office of the State Council of China held a series of press conferences on the theme of "High-quality Completion of the 14th Five-Year Plan" on the same day to introduce the relevant situation of promoting the construction of socialist rule of law and judicial administration during the "14th Five-Year Plan" period and serving high-quality economic and social development.

He Rong said at the meeting that government legislation serves high-quality economic and social development more accurately. In the past five years, the State Council has submitted 53 bills to the Standing Committee of the National People's Congress to deliberate on 53 bills and formulate and amend 150 administrative regulations. A number of important laws and regulations such as the Private Economy Promotion Law, the Food Security Law, the Energy Law, and the Interim Regulations on the Flight Management of Unmanned Aerial Vehicles have been promulgated and implemented. At the same time, we insisted on the simultaneous implementation of reform, abolition and release, and carried out the largest centralized cleanup of all more than 600 existing administrative regulations.

He Rong pointed out that the public legal service system is more sound and perfect. Further promote the reform and development of lawyers, notaries, legal aid, judicial appraisal, mediation, arbitration and other fields, and basically complete and continue to improve a public legal service system covering urban and rural areas, which is convenient and efficient, and equal and inclusive.

He Rong said that the role of high-level service opening up to the outside world is more prominent. Accelerate the improvement of the system of foreign-related laws and regulations, align with international high-standard economic and trade rules, and work with relevant departments to promote the research, drafting, review and revision of laws and regulations such as the Foreign Trade Law, Arbitration Law, and Maritime Law. China has signed 91 judicial assistance treaties and 19 treaties on the transfer of sentenced persons, and handled more than 16,000 judicial assistance cases in the past five years.