• Ar
  • Es
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Feature
  • Videos
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Feature
Videos
Infographs
In Pictures
  1. Home
  2. News
  3. Asia Pacific
  4. Foreign companies in China no longer required to file with authorities
Asia Pacific

Foreign companies in China no longer required to file with authorities

  • By Al Mayadeen English
  • Source: Agencies
  • 9 Jan 18:55

The change introduced in China's foreign trade law effectively annuls the ninth article requiring the mandatory registration of enterprises engaged in the export and import of goods and technologies.

  • Ministry of Commerce of China (MOFCOM). (VCG Photo)
    Ministry of Commerce of China (MOFCOM). (VCG Photo)

China introduced amendments to its legislation on the mandatory registration of foreign business entities with China's commercial authorities, Russia's trade representative office in China said on Monday. 

"Local commerce departments will no longer require confirmation of registration as a foreign economic activity participant when issuing quotas, licenses, and certificates related to export-import activities," the trade mission said in a statement on Telegram.

The authorities will no longer require business entities to provide foreign-trade operator registration materials in applying for import and export licenses, registration certificates of technology import and export contracts, quotas, state-owned trade qualifications, and other relevant documents.

Read more: 'Israel' should stop all incitements, provocations: China

A China Foreign Trade Registration Certificate was formally issued to a company through the Ministry of Commerce of the People's Republic of China (MOFCOM) or an alternate authority appointed by MOFCOM.

The change introduced in China's foreign trade law effectively annuls the ninth article requiring the mandatory registration of enterprises engaged in the export and import of goods and technologies.

Before introducing the amendment, Beijing performed a series of trials in its free trade zones where it has not been in effect since December 2019, the trade mission added. 

Read more: Berlin's China measures reflect Cold War mentality: Chinese Ambassador

  • foreign trade
  • MOFCOM
  • China

Trending Now

All
South Africa desires access Eurasian Economic Union, eyes Chinese Yuan

South Africa desires access to Eurasian market, eyes Chinese yuan

Most Read

US dollar may lose status as global reserve currency: Yellen

US dollar may lose status as global reserve currency: Yellen

  • US & Canada
  • 22 Mar
Ukrainian President Volodymyr Zelensky speaks at a press conference on 25, February, 2022. (AFP)

Kiev unable to launch counteroffensive: Zelensky

  • Europe
  • 25 Mar
Europe's move has only increased Putin’s esteem outside the West -- but estimation of Europe’s political nous and understanding of Russia, however, is sharply diminished.

Lawfare Comes into Fashion: The New Geo-political ‘Rack’

  • Analysis
  • 25 Mar
President Joe Biden listens as German Chancellor Olaf Scholz speaks during a meeting in the Oval Office of the White House in Washington, Friday, March 3, 2023 (AP).

Hersh: Nord Stream explosion decision possibly 'anger' or 'punishment

  • US & Canada
  • 25 Mar

Read this

All
Ukrainian tank crews look at a depleted uranium shell. (YouTube)
Europe

UK instructs Kiev troops on depleted uranium ammo use: Declassified UK

  • 28 Mar
Kiev's counteroffensive in spring to be 'decisive': US army secretary
Europe

Kiev's counteroffensive in spring to be 'decisive': US SECARMY

  • Today
Israelis protest against plans by Prime Minister Benjamin Netanyahu's government to overhaul the judicial system in 'Bnei Brak' near 'Tel Aviv', occupied Palestine, March 23, 2023 (AP)
Palestine

Israeli opposition: protests will continue

  • Today
US troops patrol in their military vehicles near the Syrian border on 17 December 2020 (Reuters)
MENA

Biden officials say less strikes on Syria to come for meantime: NYT

  • 28 Mar
Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS