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The application of Ministry of Commerce’s Order No.8 in the Bonded Area
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| 2005-10-24 12:11:39 |
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| In accordance with the “Notice on Relevant Matters of Trade Administration in the Bonded Area and Bonded Logistics Parks” announced by the Ministry of Commerce and the General Administration of Customs, The enterprises and individual person may, in accordance with the provisions of the “Law of the People’s Republic of China on Foreign Trade”, the “Procedures on the Registration and Filing-for-the-record of Operators of Foreign Trade”, the “Procedures on the Administration on Foreign Investment in the Commercial Field” and other relevant provisions, obtain the rights of foreign trading, and the right of application for distribution. The enterprises and individual persons that obtained the above-mentioned rights may, in accordance with law, develop trade activities with the enterprises and individual persons outside the areas but in the tariff border (including the enterprises and individual persons that have not obtained the rights of foreign trading). The foreign-invested enterprises that obtained the rights of distribution may, in accordance with law, engage in the activities of distribution in the State. This indicate that the “Procedures on the Administration on Foreign Investment in the Commercial Field”(MC [2005] Order No.8) applies to the enterprises in the Wai Gaoqiao Bonded Area, which will further explore the operation space for the enterprises in the Bonded Area, so as to facilitate their operation. |
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