ENFORCEMENT OF AN AWARD

The parties shall automatically execute the arbitral award within the time limit specified in the arbitral award.In case one party fails to execute the arbitral award,the other party may apply to the competent court for enforcement.

I.If the residence or the properties of the losing party is located within the territory of China,the other party may apply to the Intermediate People's Court in the place where the residence of the losing party or the property of the losing party is located for enforcement of the award.

II.If the residence of the losing party or the property of the losing party is located outside China,and the country in which the residence or the property of the losing party is located has already acceded to the New York Convention,the other party may apply to the competent court in that country for enforcement in accordance with the New York Convention.

III.If the residence or the properties of the losing party is located within the territory of China,the other party may apply to the local District People's Court in the place where the residence of the losing party or the property of the losing party is located for enforcement of the domestic arbitral award.