China's Rules on Shipping: Sailing on an International Voyage
March 31, 2002 | BY
clpstaff &clp articlesThe government recently promulgated new shipping regulations in response to WTO requirements.
By George Y. B. Wang,Hao Tian Law Office,Beijing
Following on China's WTO entry, we've seen a host of new legislation covering a diverse range of businesses. Among the areas being governed by new rules is international shipping. The State Council promulgated the PRC International Sea Transportation Regulations (the Shipping Regulations or the Regulations) on December 11 2001, and they became effective as of January 12002.
Compared with previous rules, the Shipping Regulations apply to a wider scope of activity, bolster administrative supervision, limit the cases where it would be necessary to adjust obligations between equal subjects, and are better suited to objective demands of the international shipping market.
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