Abstract

Mediation is a common method to solve economic contract disputes. Pursuant to the application of contracting parties, the contract management agency appointed by the state, based on the principle of seeking truth from facts, checks into all the circumstances and distinguishes between right and wrong in order to mediate contract disputes so that the parties concerned can reach a settlement through voluntary negotiation and mutual understanding. Contents of the settlement should not be in violation of the law nor should they be allowed to damage the interests of society or other people. The principle of voluntary participation should be observed in the mediation process and the parties concerned should not be coerced into a settlement.

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