General Administration of Civil Aviation of China, Ministry of Commerce and National Development and Reform Commission, Supplementary Provisions (III) for the «Provisions for Foreign Investment in Civil Aviation»

中国民用航空总局、商务部、国家发展和改革委员会《外商投资民用航空业规定》的补充规定（三）

November 30, 2007 | BY

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Hong Kong and Macao investors allowed to establish computer reservation system joint ventures in the mainland.

Clp Reference: 4700/07.10.12 Promulgated: 2007-10-12 Effective: 2008-01-01

Promulgated: October 12 2007
Effective: January 1 2008

Interpreting Authorities: General Administration of Civil Aviation of China, Ministry of Commerce and National Development and Reform Commission according to their respective purview.

Main Contents: Qualified Hong Kong and Macao service providers are allowed to establish a joint venture in the mainland with mainland computer reservation system (CRS) service providers. The mainland party shall hold a controlling share in the joint venture. The business licensing of the joint venture must be subject to economic need tests (Article 1).

Related Legislation: Supplement IV to the Mainland and Hong Kong Closer Economic Partnership Arrangement, June 29 2007; Supplement IV to the Mainland and Macao Closer Economic Partnership Arrangement, July 3 2007; and Provisions for Foreign Investment in Civil Aviation (Ccar-201), Jun 21 2002, CLP 2002 No.7 p.90

clp reference:4700/07.10.12promulgated:2007-10-12effective:2008-01-01

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