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I. INTRODUCTION
II. THE DISPUTE SETTLEMENT INSTITUT10N OF THEPRC
1. Introduction
2. Friendly negotiation and conciliation
3. The international commercial arbitration
4. The economic court
III. LIMITATION ON DISPUTES SETTLEMENT METHODS
1. Introduction
2. The limitation on a lawsuit at the court of the PRC
3. The limits to a lawsuit in a Korean court,
4. The importance of the international commerce arbitration institution
IV. PROBLEMS IN THE USE OF THE INTERNATIONAL COM-MERCE ARBITRATION SYSTEM.
1. The Chinese business practice regarding arbitration agreement
2. The fairness of the arbitration tribunal of the PRC
3. Non-Chinese arbitration system
4. The selection of an arbitration regulation and a proper law
5. The execution of arbitral award in the PRC(in case of the arbitration decision of the PRC)
6. The execution of an arbitral award in the PRC(in case of the arbitral award of a third nation)
V. CONCLUSION-A PROPOSAL FOR A PERSON ENGAGED INBUSINESS
1. The counterplan of enterprises
2. The counterplan of laywers and staffs concerned
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