NANNING - The China-ASEAN Commercial Arbitration Cooperation Center has been inaugurated in Nanning, South China's Guangxi Zhuang autonomous region, according to China's Ministry of Justice.

An inauguration ceremony was held at the China-ASEAN Commercial Law Forum to mark the event. Initiated by the arbitration association of Guangxi, the center is a non-profit communication and cooperation platform for international commercial arbitration.

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It was established jointly by arbitration bodies, legal services agencies, business associations and university think tanks from China and ASEAN countries.

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It aims to deepen and expand exchange and cooperation on arbitration among China and ASEAN countries, according to the ministry.

It also aims to provide high-quality, efficient and professional arbitration-related services and support for China-ASEAN trade and regional economic development.

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The center's first batch of initiating units comprises the arbitration association of Guangxi, the ASEAN Law Association, the Asian Institute of Alternative Dispute Resolution and eight other units.