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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 4 - Operational Procedures and Rule

Article 23

A transitional period of 3 years will be allowed for the bid-failing foreign-funded enterprises approved and established before the present bidding method for export quotas was firstly adopted.

1.With regard to the commodities to which bidding is applied once a year, starting from the first year of the bidding, quotas for the commodities shall be allocated to them in a proportion of 80% of their approved export scale approved by MOFTEC for the first year. In the second year of the bidding, quotas for 60% of their approved export scale shall be allocated to them. In the third year, quotas for 40% of their approved export scale shall be allocated to them. In the fourth year, no quotas shall be allocated to them.

2.With regard to the commodities to which bidding is applied twice a year, the allocated quotas mentioned above shall be arranged respectively according to the proportion of the bid quota amount each time in the total bid quota amount in the whole year.

3.The prices of the allocated quotas shall be calculated according to the average prices of the bid-winning enterprise.

4.With regard to the newly-approved enterprise trading the bidding commodities after the bidding method with compensation was adopted, the stipulations in Clause 5 of Article 22 and the present Article shall not be applied.


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