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Regulations on the Examination and Approval of Foreign-Funded Enterprises Serving as Agents for International Cargo Transport
(Promulgated by the Ministry of Foreign Trade and Economic Cooperation on September 9, 1996)

Article 1

Article 2

Article 3

Article 4

Article 5

Article 6

Article 7

Article 8

Article 9

Article 10

Article 11

Article 12

Article 13

Article 14

Article 15

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Manifest

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China - Regulations on the Examination and Approval of Foreign-Funded Enterprises Serving as Agents for International Cargo Transport, 1996

MOFTEC

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Regulations on the Examination and Approval of Foreign-Funded Enterprises Serving as Agents for International Cargo Transport
(Promulgated by the Ministry of Foreign Trade and Economic Cooperation on September 9, 1996)

Article 5

In addition to meeting the conditions as prescribed in the Regulations of the People's Republic of China on the Management of International Cargo Transport Agency Business, whoever applies for the establishment of a foreign-funded enterprise serving as an agent for international cargo transport shall meet the conditions as stipulated in relevant State laws and regulations concerning foreign-funded enterprises and the following conditions as well:

(1) At least one Chinese partner is an enterprise which serves as an agent for international cargo transport or which is a foreign trade enterprise with annual imports and exports exceeding 50 million US dollars. Partners meeting the above conditions shall control the bulk of shares among Chinese partners; Foreign partners shall be enterprises serving as agents for international cargo transport;

(2) Chinese and foreign partners shall have a history of at least three years in serving as agents for international cargo transport or in foreign trade business, have operational and managerial personnel and specialized personnel qualified for the business applied for, have a stable cargo source, and have a certain number of cargo transport outlets;

(3) Neither Chinese partners nor foreign partners had committed acts against regulations on the said business and had been punished in the three years before the date of their application.


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