HAIKOU, July 29 (Xinhua) -- An international arbitration court was launched on Sunday in the southern-most island province of Hainan.

The Hainan Court of International Arbitration, the second after Shenzhen, came three and a half months after a decision to develop Hainan as a free trade zone.

Shi Wen, head of the Hainan Arbitration Commission, said that no less than one third of the court's coun