About Beihai Asia International Arbitration Centre (BAIAC)
The Beihai Asia International Arbitration Centre (BAIAC), Singapore, is established by Beihai Arbitration Commission, the latter headquartered in Beihai, Guangxi Province. The move represents the first-ever establishment of an international arbitration centre in Singapore by a Chinese arbitration commission.
Beihai Arbitration Commission is established in 2003, the Beihai Arbitration Commission has set up hearing centres to provide parties with convenient access to domestic arbitration services in 29 cities in China such as Beijing, Shanghai, Guangzhou, Shenzhen, Chongqing, Tianjin, Hangzhou, Chengdu, Kunming, Xi'an, Lanzhou, Yinchuan, Xining, Urumqi, Dalian, Zhengzhou, Haikou, Foshan and Dongguan. In 2018, the Beihai Arbitration Commission recorded over 58,000 cases and for the first half of 2019, recorded over 47,000 cases in China.
The impetus for the establishment of BAIAC in Singapore can be attributed to two core factors. Firstly, the need to provide lower-cost and efficient international arbitration for small to medium value disputes, which are prevalent in today’s common cross-border commercial transactions, including for Chinese parties.
Secondly, Singapore’s position as an international dispute resolution hub is also trusted to serve the region for disputes arising from the Belt and Road Initiative, Asia trade cooperation, and investments between Chinese and ASEAN parties. Existingly, Guangxi is China's gateway to ASEAN whereas the recent establishment of Guangxi as a Free Trade Zone is expected to contribute positively to the deepening of economic ties involving China and ASEAN businesses. With Singapore's position as a highly regarded international arbitration and mediation hub, it is expected that the city-state will play a pivotal role in supporting dispute resolution involving parties from the region and beyond.
BAIAC intends to make international arbitration, makes sense. This may appear rudimentary however in today’s arbitration growth story, users/arbitrants have felt that the way arbitrations are conducted these days are increasingly detached from reality and its providers are not listening to the needs of the users.
BAIAC is established not to compete with existing well-established international arbitration centres but to meet unmet demands and contribute towards a renewed arbitration and dispute resolution industry. Diversities in terms of gender, geographical, generational and generality are our key guiding principles.
Responding to the needs of low to medium value disputes, we promote lower costs of arbitration, this way also to encourage swifter conduct if not early disposal of cases. Our arbitration rules provide for small claims and expedited procedures.
Located in Singapore, this is a strategic move, among others to rely on the city-state's world-class infrastructure, sterling judiciary system in support of arbitration, well established arbitration 'culture' and vast pool of international arbitral talents. BAIAC's is established, managed and operated as a true-blue international arbitration centre, yet maintaning its strong links and connection with the parent arbitral commission in Beihai.
We are therefore committed to ensuring that the conduct of arbitration and mediation under our auspices is straightforward and easy to understand; our rules are based on the UNCITRAL Rules of Arbitration with modifications. Focussing on the intrinsic needs of disputants and arbitrants, BAIAC adopts no-frills approach to ensure low fees without compromising quality.
BAIAC is also committed to the promotion and use of digital technology and AI (artificial Intelligence) in international arbitration and mediation. We believe that innovation is a potential solution in reducing cost in arbitration and increasing efficiency.