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Detailed Rules for the Implementation of the Methods on Export Quota Bidding with Compensation
(Promulgated by Ministry of Foreign Trade and Economic Cooperation on April 29, 1996)

Chapter 1 - General Provisions

Article 1

Article 2

Article 3

Article 4

Article 5

Chapter 2 - Organization Structure and Rules

Article 6

Article 7

Article 8

Article 9

Article 10

Article 11

Chapter 3 - The Modes of Bidding and Bidding Qualification

Article 12

Article 13

Article 14

Article 16

Article 17

Chapter 4 - Operational Procedures and Rule

Article 18

Article 19

Article 20

Article 21

Article 22

Article 23

Article 24

Article 25

Chapter 5 - The Transfer and Assignment of Quotas

Article 26

Article 27

Article 28

Article 29

Article 30

Chapter 6 - Export License

Article 31

Article 32

Article 33

Chapter 7 - Penalty Provisions

Article 34

Chapter 8 - Supplementary Provisions

Article 35

Article 36

Article 37

Article 38

Article 39

Article 40

Appendix

Metadata

SiSU Metadata, document information

Manifest

SiSU Manifest, alternative outputs etc.

China - Detailed Rules for the Implementation of the Methods on Export Quota Bidding with Compensation, 1996

MOFTEC

copy @ Lex Mercatoria

Detailed Rules for the Implementation of the Methods on Export Quota Bidding with Compensation
(Promulgated by Ministry of Foreign Trade and Economic Cooperation on April 29, 1996)

Chapter 3 - The Modes of Bidding and Bidding Qualification

Article 12

The modes of compensated quota bidding are as follows:

1.Public bidding

Commodities exported in large volumes and by a great number of enterprises, which would easily lead to the practice of vying with each other for purchasing at bid-up prices while competing with each other for selling at reduced prices, shall be subject to public bidding.

2.Bidding upon invitation

Bidding upon invitation shall be applied to the commodities whose trading companies are relatively concentrated and special requirement is stipulated for the management.

3.Oriented bidding

Oriented bidding shall be applied to the commodities whose trading companies and production areas are relatively concentrated. Such bidding may be undertaken among companies of major production and major trading areas but the methods of public bidding and oriented bidding shall be jointly adopted.

4.Negotiated bidding

Negotiated bidding shall be applied to the commodities whose management is relatively concentrated in certain trading companies, for which there is severe competition on the international market and of which China's export competitiveness is relatively weak. Such bidding may be undertaken among trading enterprises and those in major production areas but the methods of public bidding and negotiated bidding shall be jointly adopted.


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