NOTICE OF THE FOREIGN TRADE DEPARTMENT OF THE MINISTRY OF COMMERCE ON HOLDING THE INFORMATION RELEASE CONFERENCE OF THE AGRICULTURE PRODUCT EXPORT AND THE PROSEMINAR OF THE POLICY FOR FAVORING PEASANTS

REPLY OF THE STATE ADMINISTRATION OF FOREIGN EXCHANGE CONCERNING THE APPROVAL OF THE QFII INVESTMENT QUOTA OF STANFORD UNIVERSITY AND ITS OPENING OF A FOREIGN EXCHANGE ACCOUNT AND A SPECIAL RMB ACCOUNT

CIRCULAR OF THE STATE ADMINISTRATION OF TAXATION ON THE DECLARATION AND EXAMINATION OF TAX REFUND FOR THE GOODS UNDER THE FILED EXPORT CONTRACTS

Freehold Estates

NOTICE OF THE FOREIGN TRADE DEPARTMENT OF THE MINISTRY OF COMMERCE ON HOLDING THE INFORMATION RELEASE CONFERENCE OF THE AGRICULTURE PRODUCT EXPORT AND THE PROSEMINAR OF THE POLICY FOR FAVORING PEASANTS

REPLY OF THE STATE ADMINISTRATION OF FOREIGN EXCHANGE CONCERNING THE APPROVAL OF THE QFII INVESTMENT QUOTA OF STANFORD UNIVERSITY AND ITS OPENING OF A FOREIGN EXCHANGE ACCOUNT AND A SPECIAL RMB ACCOUNT

CIRCULAR OF THE STATE ADMINISTRATION OF TAXATION ON THE DECLARATION AND EXAMINATION OF TAX REFUND FOR THE GOODS UNDER THE FILED EXPORT CONTRACTS

CIRCULAR OF SHANGHAI HEADQUARTERS (THE NO.1 DEPARTMENT OF FINANCIAL SERVICES) OF THE PEOPLE’S BANK OF CHINA ON TRANSMITTING THE...

CIRCULAR OF THE NATIONAL DEVELOPMENT AND REFORM COMMISSION AND THE MINISTRY OF FINANCE ON RELEVANT ISSUES CONCERNING THE SURVEILLANCE...

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Notice of the Foreign Trade Department of the Ministry of Commerce on Holding the Information Release Conference of the Agriculture
Product Export and the Proseminar of the Policy for Favoring Peasants

Shang Mao Nong Chu Han [2006] No.114

The competent administration of commerce of each province, autonomous region, municipality directly under the Central Government,
and city specifically designated in the state plan:

For the purpose of implementing the spirit of constructing new socialist villages, further improving the information service for the
export of agriculture products, and help the enterprise for agriculture products export to acquaint with and master the policy for
favoring peasants in all around, the Ministry of Commerce is to hold a Information Release Conference of the Agriculture Product
Export and the Proseminar of the Policy for Favoring Peasants in the People’s Hall, Beijing on September 11 and the leaders of the
competent departments of the Ministry of Commerce will present and give speeches. We hereby notify the related matters as follows.

Main content of the conference

(1)

Releasing the market guidance, product guidance and related statistic reports of the agriculture product, starting using the website
of information service for the agriculture product export. Releasing and presenting the Market Guidance for the Export of the Chinese
Agriculture Product of 6 markets including that of EU, ASEAN, Canada, India, South Africa and United Arab Emirates, the Product Guidance
for the Export of the Chinese Agriculture Product of tea, garlic, canned mushroom chicken products, the Monthly Statistic Report
for the Export of the Important Agriculture Product and the Monthly Report for the Agriculture Product Trade of 30 Countries of rice,
cotton and other 13 products and holding the Starting Using Ceremony of the Special Website of Information Service for the Agriculture
Product Export (https://agro-trade.mofcom.gov.cn).

(2)

Inviting principals of related departments to explain the policies and measures of promoting the agriculture product export. The office
of the Central Leading Group for the Rural Work will explain new developments and the policies and measures of promoting the construction
of the new villages; the Ministry of Agriculture will interpret the new policies and measures of accelerating the development of
industrialization of the agriculture; the State Administration of Quality Supervision, Inspection and Quarantine will present the
policy of enforcing exemption from inspection of the agriculture product export for the pilot and the measures for decreasing the
export cost; the National Certification and Accreditation Administration will interpret the policy and measures for promoting the
agriculture product enterprise to develop the Good Agriculture Processing (GAP) and Certification Procedures ; the China Export &
Credit Insurance Corporation will present the creative products of credit insurance, such as insurance of pre-transport risk, which
are conducted in the field of the agriculture product export for the pilot; the Foreign Trade Department of the Ministry of Commerce
will release the analyses of the position of the 2007 agriculture product export and the market anticipation report; the International
Department of the Ministry of Commerce will illustrate how to enlarge export to the ASEAN by taking advantage of preferential arrangements
such as Obtaining at an Early Stage in the ASEAN Free Trade Area; the Fair Trade Department of the Ministry of Commerce will explain
how to respond to the international trade dispute to protect the interests of itself; the Computerized Processing Department of the
Ministry of Commerce will tell how to enlarge export by using the information resources from the Ministry of Commerce; and the China
Chamber of Commerce of Import and Export of Foodstuffs, Produce & Animal by Products will evaluate the impact of the implementation
of the System of the Japan Affirmation List and give the next coping suggestion .

Objectivs of Being Present

Comrades at the division level in charge of the agriculture product export of the competent administrations of commerce shall take
part in the conference and the principals of one or two local important enterprises for agriculture products export shall be organized
to take part in the conference.

Time and Place of the Conference

Time: 90-170 on November 29, 2006

Place: Henan Office of the People’s Hall

The Preliminary Schedule

090-100 Trade Information Release Conference of the Agriculture Product

100-120 Proseminar of the Policy for Favoring Peasants

120-130 Lunch (in Macro Office of the People’Hall )

130-170 Proseminar of the Policy for Favoring Peasants

Concrete Arrangements

(1)

Registration Time and Place for

The registration will be conducted at 130-220, November 28, 2006 in the Taiwan Restaurant, Beijing (No.5 Jinyu Hutong, Wangfujing
Street, Beijing; telephone: 65136618) (Annotated: the People’s Hall is accessible on the strength of the invitation. The delegates
shall go through the registration formalities in advance to obtain the invitation and the conference materials. The conference group
will arrange vehicles uniformly to head for the People’s Hall from Taiwan Restaurant at 8:00 on 29th. The delegates in Beijing region
who plan to go up to the conference place by themselves shall contact with the conference group for the invitation and the parking
license.

(2)

Fees

The delegates shall be free of fees for the Conference and bare the board and lodging expenses themselves. 200 Yuan shall be charged
for the lunch in the People’s Hall for present day from each delegate.

(3)

Contact Means

The conference group (in the China Chamber of Commerce of Import and Export of Foodstuffs, Produce & Animal by Products): Zhang
Xun, Chen Xiaoru

Registration Telephone: 010-65132376, 65235595, 010-65132307(Fax)

The Foreign Trade Department of the Ministry of Commerce: Luan Ming, Xun Sen

Consulting Telephone: 010-6519713365197445

The delegate shall fill in the Return Receipt for the Conference and fax it to the conference group in the China Chamber of Commerce
of Import and Export of Foodstuffs, Produce & Animal by Products

Annex: Return Receipt for the Conference

The Foreign Trade Department of the Ministry of Commerce

November 8, 2006

The Ministry of Commerce
2006-11-08

Reply of the State Administration of Foreign Exchange concerning the Approval of the QFII Investment Quota of Stanford University
and Its Opening of a Foreign Exchange Account and a Special RMB Account

Hui Fu [2006] No.339

Shanghai Branch of HSBC:

We have received the materials on applying for the QFII investment quota of Stanford University and its opening of a foreign exchange
account and a special RMB account, which were submitted by you on behalf of Stanford University. After negotiation with the China
Securities Regulatory Committee, we hereby give the following reply:

The QFII investment quota of Stanford University of USD 50 million is approved. Within 6 months as of the issuance date of this Reply,
Stanford University shall remit the principal.

We approve that a foreign exchange account and a special RMB account are opened respectively by Stanford University at your Branch.
The revenue scope of the foreign exchange account shall be: the capital remitted by QFII from overseas, interests of small-sum current
deposits of the entities, and other revenues provisioned by the State Administration of Foreign Exchange; while the expenditure scope
shall be: the capital remitted into the special RMB account of QFII through exchange settlement, the capital repatriated via the
original channel and other expenditures as provisioned by the State Administration of Foreign Exchange.

Stanford University may not conduct securities investment before the principal remitted by it reaches USD 20 million (or equivalent
RMB). Stanford University may, through exchange settlement, transfer the required capital of foreign exchange into the special RMB
account within 10 workdays prior to it conducts investment.

You shall, during the period of providing QFII custody services, strictly comply with the Measures for Administration of Securities
Investment within the Territory of China by QFII (Decree No.36 of the China Securities Regulatory Commission, People’s Bank of China
and the State Administration of Foreign Exchange) and other related provisions, perform all duties of a trustee effectively, and
guarantee that Stanford University abide by the stipulations as mentioned above.

You shall, within 5 workdays since you receive this Reply, come to the State Administration of Foreign Exchange to obtain a certificate
of QFII foreign exchange registration on behalf of Stanford University.

You shall, within 5 workdays after you open the foreign exchange account and special RMB account for Stanford University, report the
related information concerning the opening of accounts to the State Administration of Foreign Exchange for the archival purpose.

The State Administration of Foreign Exchange

November 8, 2006

The State Administration of Foreign Exchange
2006-11-08

Circular of the State Administration of Taxation on the Declaration and Examination of Tax Refund for the Goods under the Filed Export
Contracts

Guo Shui Han [2006] No. 1057

The state taxation bureaus of all provinces, autonomous regions, municipalities directly under the Central Government and cities specifically
designated in the state plan:

In accordance with the Circular of the State Administration of Taxation on the Relevant Issues concerning the Filing of Export Contracts
(Guo Shui Han [2006] No.847),the Circular of the State Administration of Taxation on the Issue of Processing the Data on the Filing
of Export Contracts (Guo Shui Han [2006] No.877) and other relevant documents, and for the purpose of doing well in the tax refund
(exemption) administration for export goods under the filed export contracts, the State Administration of Taxation has upgraded the
present software for tax refund, and is hereby notify the relevant work on declaration and examination of tax refund for the export
goods under the filed export contracts as follows:

The taxation authorities of all the regions shall, as required in the Guo Shui Han [2006] No.877, check the export contracts and electronic
data as filed by export enterprises, and upon check, the electronic filing data may be the basis for examination of the tax refund
for relevant goods.

During the declaring of the tax refund for the goods under a filed export contract, when a foreign trade enterprise fills in a Declaration
Form on Detailed Return of Tax Refund to Foreign Trade Enterprise, or when a production enterprise fills in a Detailed Declaration
Form on the Tax Exemption, Deduction and Refund for the Export Goods of Production Enterprises, it shall fill the letters of “HTBA”
in the reference column of the said batch of goods, fill the number of export contract and the contract number, and etc. for the
said goods in the Declaration Form on Tax refund for the Goods under the Filed Contracts (see the Attachment for the format),and
submit relevant electronic data as well.

When an export enterprise fills in a Declaration Form on Tax refund for the Goods under the Filed Contracts, it shall declare the
same code, name, amount, and sum of export goods for tax refund as those items as filed. Where the tax refund for the export goods
under a contract is to be declared in several times, the export amount and sum as declared accumulatively (As regards special commodities
for which the internationally universal futures pricing method is adopted may be examined and ratified in accordance with the actual
settlement price after it is submitted to the State Administration of Taxation for filing, similarly hereinafter) shall not exceed
those filed under the said export contract. As regards a export contract involving multiple goods, the export amount and sum of all
of the goods as accumulatively declared for tax refund shall not exceed those under the said kind of goods as filed (it shall be
determined subject to the contract number in the data filed in the export contract).

Both the upgraded declaration system of tax refund for production enterprises (version 6.3) and the upgraded declaration system of
tax refund for foreign trade enterprises (version 8.3) have added the relevant functions of declaring the tax refund for the goods
under the filed export contracts, and the upgraded system for tax refund examination (version 6.1) has amended the function of reading,
inputting and adjusting the data on declaration of tax refund, the function of relevant computer examination, and the feedback of
examination results, as well as the function of making statistics on the filed contracts, and etc.

As regards the declarations of tax refund for the goods under the filed contracts that have passed examination before the release
of the upgraded software, the data as originally declared may be adjusted pursuant to the method of red-ink write-off, and the declaration
and examination shall be made subject to Article II of this Circular again. The way of man-computer integration may also be adopted
for confirmation of follow-up contents in the examinations.

The upgraded software shall be placed on the Application System Technical Support Website of the State Administration of Taxation
and the Server of the Department of Import and Export under the State Administration of TaxationProgram ReleaseTax refund Network
Management System. The tax authorities of all the regions may, after downloading the upgraded version of the system for tax refund
examination, install it directly, and, after downloading the upgraded version of the declaration system for tax refund, may first
confirm the normal installation of the system, and then provide it to the export enterprises for use. When the tax system personnel
needs supporting service, he can request for service by the hotline (4008112366) or supporting website (LAN:130.9.1.248) of the Call
Center of the Taxation Management Information System of the State Administration of Taxation.

The tax authorities of all the regions shall timely submit the relevant issues concerning tax refund for the goods under the filed
contracts, and the problems and suggestions about software operation to the State Administration of Taxation (Information Center
of the Department for Import and Export Tax) by way of uploading electronic documents to the item of Uploads of all regions/information
as reflected in the FTP communication server (LAN:100.16.125.25) of the Department for Import and Export Tax.

Attachment: Declaration Form on Tax refund for the Goods under the Filed Contracts

The State Administration of Taxation

November 9, 2006

Attachment

Attachment:

Tax refund Return for the Goods under the Filed
Contracts

Name of enterprise:

Customs code of enterprise:

Identification number of taxpayer:
Date:
Year Month Times of declaration:

Monetary unit: USD

Amount under registration	Sum under registration	Code of export goods	Name of export goods	Computation unit of measurement	Export amount	Export sum	Notes

Enterprise filler (signature):
General Chief accountant (signature):

Enterprise principal (signature):
Date of submission:

Page, Total page:

Instructions

The "related number" means the related
serial number of the detailed export data on a batch of goods of a foreign trade

enterprise corresponding to the detailed data on the batch of goods. A
production enterprise needs not to fill in this item.

The "serial number" means the inside
serial number for the related number of the detailed export data on a batch of
goods
of a foreign trade enterprise, or the serial number for the declaration of
the detailed data on tax "exemption, deduction and
rebate" for a batch of goods
of a production enterprise.

The "number of export contract" means the
number of export contract as filed for a batch of goods.

The "contract number" means the "contract
number" of the electronic data on the filed export contract for a batch
of
goods.

Related number

Serial number

Number of export contract

Contract number

Code of registered goods

Name of registered goods

Computation Measurement unit
for registration