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Category Archives: WTO & Market Access

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Common Mistakes Made by Foreign Investment Enterprises Utilizing Duty-Exempt Goods

Posted in International Trade, WTO & Market Access

by Liu Xinyu and Jing Yunfeng of King & Wood’s Corporate group

According to Articles 56 to 58(1) of the Customs Law of the People’s Republic of China ("Customs Law")(2), there are three categories where duties may be reduced: statutory duty abatements or exemptions, deductions or exemptions on special goods, and temporary duty reductions or exemptions. "Deductions or exemptions on special goods" refers to goods imported into China that enjoy a reduction or exemption of duties in specified areas and enterprises or for special purposes until the e… More…/更多

外商投资企业特定减免税货物”移作他用”典型案例

Posted in International Trade, WTO & Market Access

作者:刘新宇 景云峰 金杜律师事务所公司

根据《中华人民共和国海关法》(《海关法》)(1)第五十六条(2)、五十七条第一款(3)以及第五十八条(4)的规定,关税的减免分为三大类,即法定减免税、特定减免税和临时减免税。其中,“特定减免税货物”是指货物在进口时减征或免征进口关税,进口后只能用于特定地区、特定企业或者特定用途,直至海关监管年… More…/更多

New Technology Import Regulations May Cause Headaches for the Unprepared

Posted in Corporate, Foreign Investment, International Trade, WTO & Market Access

By: Mark Schaub, a Partner of King & wood’s corporate Group

Two sets of new measures have been issued in June 2008 (namely Measures for the Administration of Prohibited and Restricted Technology Import and Measures for the Administration of Import and Export Contracts Registration) which are likely to have a material, practical affect upon technology licenses and transfers to and from China. The measures are a mix of devolution (i.e. the regulations delegate responsibility down to regional Bureaux of Commerce); increased regulation and supervision on the one hand but relax… More…/更多

Interplay of Non-Compete Covenants under the PRC Anti-monopoly Law

Posted in WTO & Market Access

Ding Liang, a counsel to King & Wood’s International Trade Group in Beijing

A non-compete clause prohibits one party from competing in the same type of business as the other party for a specified period. The non-compete clause is usually termed "covenant not to compete", "restrictive covenant", or "non-compete clause" and are treated with suspicion by the Anti-Monopoly Enforcement Agency.

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