How to deal with the prosecution procedure of contract disputes and economic disputes

Economic disputes, also known as economic disputes, refer to social disputes between equal subjects with economic rights and obligations as their content. There are two main ways to deal with economic cases: arbitration and litigation. Arbitration refers to a method in which both parties reach a written arbitration agreement before or after a dispute, and voluntarily submit the dispute between them to an arbitration institution agreed by both parties for trial and adjudication, so as to solve the dispute. Arbitration has the following characteristics: 1, arbitration is based on the will of both parties; 2. The arbitration institution is a non-governmental organization; 3. The arbitral award has mandatory legal effect; 4. The arbitration process and results are confidential; 5. Arbitration is fast. Another way to deal with it is litigation, that is, litigation. The people's court is the judicial organ of the state. In economic litigation, exercise judicial power and perform corresponding duties on behalf of the state according to law. As a judge of a case, the people's court is not only a participant in the lawsuit, but also an organizer and commander of the lawsuit. The law gives the people's courts jurisdiction to conduct activities in accordance with the procedures and methods prescribed by law, exercise litigation rights and perform litigation obligations according to law. Therefore, the people's court is in a leading position in economic litigation and plays a decisive role in solving economic disputes. Legal basis: Article 103 of the Criminal Law of People's Republic of China (PRC) The people's court may conduct mediation in handling incidental civil litigation cases, or make a judgment or ruling according to the material losses. Article 104 of the Criminal Law of People's Republic of China (PRC) shall be tried together with criminal cases. Only in order to prevent excessive delay in the trial of criminal cases can the same trial organization continue to hear incidental civil actions after the trial of criminal cases is over.