Abstract: A new fair settlement model,based on 1994 Nobel Prize for Economics winner Reinhard Selten' s theory,is offered tosolve the settlements dispute among different Chinese Internet backbones.This model shows that the more different of networkgeographic scope,traffic exchanged,Internet users and ICPs (Internet Content Providers)between different backbones,the morecontribution one party makes. Thus,the one whose network resources are used more by the other network provider should receivemore settlement charge.Furthermore,if the network geographic scope,traffic exchanged and network resources between twointerconnected backbones are almost the same, no settlements should be transferred from one backbone to the other.