North China’s Inner Mongolia autonomous region opened its first financial arbitration court in the city of Baotou recently, marking the region's an important step towards financial dispute settlement in accordance with international conventions.

The financial arbitration court is a social organization jointly established by the Baotou’s arbitration commission and bank association, to settle disputes related to financial trades and services.

To date, the court has over 190 senior arbitrators in the fields of finance and law.