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Regulations Concerning the Examination and Approval of International Freight Forwarding Agencies With Foreign Investment
(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 Concerning the Examination and Approval of International Freight Forwarding Agencies With Foreign Investment, 1996

MOFTEC

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Regulations Concerning the Examination and Approval of International Freight Forwarding Agencies With Foreign Investment
(Promulgated by the Ministry of Foreign Trade and Economic Cooperation on September 9, 1996)

Article 5

Apart from meeting the conditions set out in the Regulations of the People's Republic of China on Management of International Freight Forwarders, the Chinese and foreign investors applying for the establishment of an international freight forwarding agency with foreign investment shall also comply with the conditions of the State's relevant laws and rules on enterprises with foreign investment and the following requirements:

1. At least one of the Chinese partners is an international freight forwarding agency or a foreign trade enterprise with an annual import and export volume of more than US$ 50 million, which holds the majority of the capital invested by all the Chinese partners; foreign partners shall be international freight forwarding agencies;

2. The Chinese and foreign partners shall have been engaged in the operation of international freight forwarding business or foreign trade for at least 3 years and have administrative and professional staff suitable for the business applied for, a stable source of goods for import and export and a network of agents;

3. None of the Chinese and foreign partners shall have acted in violation of the regulations concerning the industry administration and received punishment for that sake 3 years before the date the application is submitted.


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