The CCPIT Shanghai International Commercial Mediation (Hong Kong) Office is inaugurated in Hong Kong on Wednesday. [Photo provided to chinadaily.com.cn]

The CCPIT Shanghai International Commercial Mediation (Hong Kong) Office was inaugurated in Hong Kong on Wednesday, aiming to promote the development of diverse mechanisms for resolving international commercial disputes and support Shanghai enterprises in pursuing high-quality global expansion.

The inauguration ceremony brought together authoritative legal, economic, and business experts from both Shanghai and Hong Kong. They discussed emerging trends in cross-border dispute resolution and explored new pathways for collaborative commercial mediation between the two regions. The goal is to establish an efficient and professional legal framework to support outbound and inbound business activities, thereby fostering a new global economic and trade development landscape.

Guided by the Shanghai Council for the Promotion of International Trade, the event was hosted by the CCPIT Shanghai International Commercial Mediation Center.

Ma Yi, vice-president of the Shanghai council, said that the establishment of the office in Hong Kong marks a new phase in the cooperative development of arbitration and mediation services between Shanghai and Hong Kong.