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Provisional Measures on the Establishment of Sino-Foreign Joint Venture Trading Companies on a Pilot Basis
(Promulgated by Decree No.3 Ministry of Foreign Trade and Economic Cooperation on September 30, 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

Article 16

Article 17

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Manifest

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China - Provisional Measures on the Establishment of Sino-Foreign Joint Venture Trading Companies on a Pilot Basis, 1996

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Provisional Measures on the Establishment of Sino-Foreign Joint Venture Trading Companies on a Pilot Basis
(Promulgated by Decree No.3 Ministry of Foreign Trade and Economic Cooperation on September 30, 1996)

Article 10

A joint venture trading company shall settle, purchase and transfer foreign exchange according to relevant provisions applicable to state-owned foreign trading companies. A joint venture trading company must maintain foreign exchange balance. Specific administrative rules for this purpose shall be formulated by the People's Bank of China in consultation with national authorities responsible for foreign trade and economic cooperation.


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