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在线翻译:
szdaily -> China -> 
1st financial court launched in Shanghai
    2018-08-22  08:53    Shenzhen Daily

THE country’s first court specializing in handling finance-related cases opened Monday in the country’s financial hub of Shanghai.

The Shanghai Financial Court will be responsible for commercial cases such as disputes involving securities, futures, insurance, bills and financial lending, according to a document by the Supreme People’s Court earlier this month.

It will also deal with bankruptcy cases where financial institutions are the debtors and administrative cases with financial regulators as defendants, according to the document.

The court will work to ensure that finance serves the real economy, curb on financial risks and deepen financial reform, according to an official release from the Shanghai Financial Court.

China’s top legislature approved the establishment of the Shanghai Financial Court in April.

Last year, courts in Shanghai heard more than 179,000 finance-related cases. The number of such lawsuits in Shanghai grew by an average of 51 percent year on year from 2013 to 2017. (Xinhua)

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