Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
Chinese foreign traders to get easier registration
+ -
17:12, February 04, 2009

Click the "PLAY" button and listen. Do you like the online audio service here?
Good, I like it
Just so so
I don't like it
No interest
 Comment  Tell A Friend
 Print Format  Save Article
Foreign trade operators will be allowed to register at city-level commerce authorities this year, so that it will be easier for them to enter the business, China’s Ministry of Commerce announced on February 2.

The document issued by the Ministry on Jan. 23, 2009, reiterated the criteria and procedures of establishing registration offices at local level.
So far, China’s Ministry of Commerce authorized 228 local commerce departments in China (among which 180 are at prefecture and city levels) to offer registration for foreign trade enterprises, and 313,377 enterprises had been registered with these local departments by the end of 2008.

The registration makes no barrier for anyone to get the rights of doing business and is used only as information to facilitate the regulation of the sector by the government.

In line with its WTO commitment, China fully opened its foreign trade operation rights in 2004. According to the revised version of the Foreign Trade Law, which came into effect on July 1, 2004, the approval system for foreign traders is replaced by registration, and thresholds for qualification are removed. The business is also open to individuals once they go through legal procedures.

By People's Daily Online

  Your Message:   Most Commented:
2009 Spring Festival
U.S. blame game cannot change facts of financial crisis 
Hu Jintao's "bu zheteng" baffles foreign media 
China hopes to ensure healthy, stable relations with U.S.
Nation can be first to 'recover'

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved