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"Therefore, the arbitral tribunal which clearly has been expanding and over-stretching its jurisdiction beyond the limit has no jurisdiction at all (over the South China Sea disputes)," Wang said. "Any award it makes in disregard of the laws and facts is naturally not legally binding."
China is firmly committed to peace and stability in the South China Sea, and to settling the disputes with countries directly involved, through peaceful negotiations based on the recognition of historical facts and in accordance with international law, he said.
The new law allows certified appraisers who have passed national exams, as well as those who have expertise and hands-on experience in asset evaluation, to practice asset appraisal.
"Arbitration is a process in which both the disputed parties agree to argue their cases and agree to accept a verdict whatever it is," he explained. In this case, "we all know that China was not a party. It did not take part in the process. So how can it be called an arbitration?"
"China's stance against terrorism is unchanged," Hong said, without elaborating.
来源：资阳报