Legal basis:
Article 562 of the Civil Code of People's Republic of China (PRC) * * * The parties may terminate the contract through consultation.
The parties may agree on the reasons for one party to terminate the contract. When the reasons for the termination of the contract arise, the creditor may terminate the contract.
Article 2 of People's Republic of China (PRC) Arbitration Law Contract disputes and other property rights disputes between citizens, legal persons and other organizations with equal subjects may be arbitrated.
Article 21 A party applying for arbitration shall meet the following conditions: (1) There is an arbitration agreement; (2) There are specific arbitration claims, facts and reasons; (3) It falls within the scope of acceptance by the Arbitration Commission.
Article 3 of the Civil Procedure Law of People's Republic of China (PRC) The provisions of this Law shall apply to the people's courts in accepting civil lawsuits brought by citizens, legal persons, other organizations and their property relations and personal relations.
Article 119 A prosecution must meet the following conditions: (1) The plaintiff is a citizen, legal person and other organization that has a direct interest in the case; (2) Having a clear defendant; (3) Having specific requests, facts and reasons; (4) It falls within the scope of civil litigation accepted by the people's court and is under the jurisdiction of the sued people's court.
Article 23 A lawsuit arising from a contract dispute shall be under the jurisdiction of the people's court in the place where the defendant has his domicile or where the contract is performed.