AUTONOMY FOR PRIVATE SECTOR EXPANDED
AsiaInfo Services, March, 2001
AsiaInfo Services 03-05-2001 Autonomy for Private Sector Expanded BEIJING, Mar 05, 2001 (AsiaPort via COMTEX) -- Private enterprises and scientific research institutes are entitled to the same conditions as their State- and collective-owned counterparts when applying for export autonomy as of January 1,2001 ,according to a circular of the Ministry of Foreign Trade and Economic Cooperation. According to Beijing Review ,the circular said that private enterprises with registered capital above 5 million yuan and private scientific research institutes and high-tech and electromechanical enterprises with registered capital above 2 million yuan are all qualified to apply for export autonomy.
As well , other criteria involving sales income and volume of export will be...
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