Filing and Registration of Foreign Trade Operators

Update time:2016-02-29  source:

Chapter 4 Import and Export Administration

4.1 Import-export Flow Chart

4.1.1 Filing and Registration of Foreign Trade Operators

(a) Import-export Rights for Domestic Enterprises and Individuals

In the past, approval was required to conduct foreign trade in China. Following China’s WTO accession, efforts were made by the government to step up reforms of its foreign trade system.

Under the Regulations on the Administration of Import-Export Qualifications issued in July 2001, the import-export restrictions on domestic enterprises were further liberalized.

In April 2004, China amended its Foreign Trade Law whereby the scope of foreign trade operators has been extended to include individual natural persons (individuals) engaging in foreign trade activities in accordance with law.

Meanwhile, the approval system for granting import export rights for goods and technologies has been abolished and foreign trade operators are only required to register for record purposes.

The amended foreign trade law has also incorporated new provisions on the “protection of trade-related intellectual property rights”;

improved regimes concerning foreign trade remedy, designated trading, import-export restrictions and prohibitions; additional regulations on foreign trade monitoring and on services; as well as strengthened punishments for illegal conduct in foreign trade.

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