Ministry of Foreign Trade and Economic Cooperation, Invitation for Tenders for the Export of Mechanical and Electrical Products Measures
对外贸易经济合作部机电产品出口招标办法
February 28, 2002 | BY
clpstaff &clp articles &State administration over the tender invitation for mechanical and electrical exports.
Promulgated: December 20 2001
Effective: January 1 2002
Interpreting authority: Ministry of Foreign Trade and Economic Cooperation (MOFTEC)
Applicability: These Measures apply to mechanical and electrical products the export of which is subject to tendering (Article 4).
Main contents: The Measures state that MOFTEC shall formulate, adjust and publish a catalogue of mechanical and electrical products the export of which is subject to tendering (Article 2). Mechanical and electrical product export tendering shall be conducted under the leadership of the relevant committee for mechanical and electrical product export tendering. The organization structure and the functions of the committee are prescribed in the Measures (Part Two). The committee may set a minimum export performance requirement for enterprises participating in the tendering (Article 15). The export quantity (Q) to be awarded to a successful tenderer is determined on the basis of the bidder's export performance in respect of the subject product in the previous year, in terms of its export of the product as a percentage of total national exports (A), its average export price (C) and the national average export price (B), as expressed in the formula: Q = Total quantity for bids x A x C / B (Article 16). The successful tenderer shall collect an export licence from a MOFTEC-authorized licence issuing authority (Article 20). The awarded export quantity may be transferred to another qualified enterprise (Article 19). If the awarded export quantity is not used up, it shall be returned to the committee for mechanical and electrical product export tendering (Article 21).
Related legislation: PRC, Foreign Trade Law (Revised), Apr 6 2004, CLP 2004 No.4 p34 and PRC, Administration of Import and Export of Commodities Regulations
Repealed legislation: Ministry of Foreign Trade and Economic Cooperation, Invitations to Tender for Export of Mechanical and Electrical Products Measures, Jul 2 1996
This premium content is reserved for
China Law & Practice Subscribers.
A Premium Subscription Provides:
- A database of over 3,000 essential documents including key PRC legislation translated into English
- A choice of newsletters to alert you to changes affecting your business including sector specific updates
- Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
Already a subscriber? Log In Now