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CIRCULAR OF STATE ADMINISTRATION OF FOREIGN EXCHANGE ON RELEVANT PROCEDURE ISSUES RELATED TO IMPLEMENTATION OF ADMINISTRATIVE LICENSE OF FOREIGN EXCHANGE CONTROL

State Administration of Foreign Exchange

Circular of State Administration of Foreign Exchange on Relevant Procedure Issues related to Implementation of Administrative License
of Foreign Exchange Control

Hui Fa [2004] No. 68

July 5, 2004

In accordance with the stipulations in the Administrative License Law, aiming to perform well the administration work on foreign exchanges
control and administrate licensing by the law, relevant issues are hereby notified as follows.

I.

Publicity

All the branches and sub-branches (hereinafter referred to as the Foreign Exchange Bureau)under the State Administration of Foreign
Exchanges (the SAFE)Foreign Exchange Bureau shall make all the current licensing items under its jurisdiction public, including post_titles,
necessary application materials, the handling procedures, the time limit to handle. The publicity shall be put noticeably at the
offices for an easy access to the applicants.

II.

Handling

The Foreign Exchange Bureau shall check carefully and handle, according to the law, the application for administrative licensing presented
by the applicants. If it is under the bureau’s jurisdiction, conforms to the required form, and complete materials are provided,
the application shall be handled, and the Circular on Handling the Application for the Administrative Licensing by the SAFE ￿a￿Branch (sub-branch) shall be presented (See Attachment 1). And for the application that a license decision can be made and issued
on the spot, the notice of acceptance of application for administrative license can be omitted; but if the applicants require it,
the Foreign Exchange Bureau shall issue the notice. For the application whose application materials are not complete or fail to conform
to the required form, if possible, all the needed materials to be supplemented or corrected shall be noticed to the applicants on
the spot; if not, the Foreign Exchange Bureau shall inform the applicant of the whole contents that shall be supplemented or corrected
once for all within five days.If the Foreign Exchange Bureau rejects the application for administrative licensing, the Circular of
the Foreign Exchange Bureau￿a￿Branch (sub-branch) on Rejecting the Application for the Administrative Licensing shall be presented
(See Attachment 2).

III.

Examination and Decision

1.

The Foreign Exchange Bureau shall, after accepting the application for administrative licensing, examine application materials. The
administrative licensing shall be made on the spot if the application material is complete and verifiable and conforms to the required
form, and the Foreign Exchange Bureau can make the decision on the spot. If the Bureau can not make a decision on the spot, the administrative
licensing shall be made within the term stipulated in the Article 4 of this Circular.

2.

The decision to approve the application for administrative licensing or not to approve shall be made in written form. For such administrative
license items as the import units’ handling the verification and writing-off of paying the foreign exchanges and the registration
and archival-filing of their paying foreign exchanges, as the export units’ drawing the verification and writing-off instrument of
the export proceeds in foreign exchanges, handling the registration on verification and writing-off of the export proceeds in foreign
exchanges and on the long-term export proceeds in foreign exchanges, making up the special page of verification and writing-off of
the export proceeds in foreign exchanges and the tax refund special page of verification and writing-off instrument of the export
proceeds in foreign exchanges, and making up refund and compensation in foreign exchange under export, as the forex registration,
alteration and cancellation of registration gone through by the organizations in the special economic regions, as well as foreign
exchange registration of overseas investment, the Foreign Exchange Bureau shall, after awarding the applicant the corresponding business
license or affixing their seals of the Foreign Exchange Bureau on the corresponding business license. not release decisions in written
form alone.

If the Foreign Exchange Bureau reject the application for administrative licensing, reasons shall be given in decisions of written
form, and the Foreign Exchange Bureau shall inform the applicant that he enjoy the right to apply administrative reconsideration
to the Foreign Exchange Bureau at a next higher level

3.

The written form of the administrative licensing decision made by the Foreign Exchange Bureau shall conform to the rules on important
vouchers specified in the Circular of the Foreign Exchange Bureau on Printing and Distributing the Guidelines on Regulating the Important
Vouchers, Examination and Approval and Verification, and Archival-filing Administration in Foreign Exchanges Business (Hui Fa [2004]
No.1 ). Where the Circular fails to stipulate the formula and contents or the stipulated formula and contents have been altered by
the Foreign Exchange Bureau, the written form of such decision shall conform to the formula specified by the Foreign Exchange Bureau.

4.

Where, during the checking of the application for the administrative licensing, the Foreign Exchange Bureau finds that the administrative
licensing directly involves the major interest relationship between the applicant and others, the Foreign Exchange Bureau shall inform
the applicant and the interested parties and solicit their opinions.

IV.

Time Limit

1.

Where a decision on the administrative license can not be made on spot, the foreign exchange bureau shall make a decision within 20
working days from the day when it accepts such an application. If it can not make a decision within 20 working days, it may extend
for 10 working days upon the approval of the person in charge of this bureau, and shall give explanations about the extension to
the applicant in written form before the expiration of 20 working days.

2.

For an administrative license that is subject to the examination of a lower foreign exchange bureau before it is reported and submitted
to an upper foreign exchange bureau, the subordinate bureau shall complete the examination within 20 working days from the day when
the application for administrative license is accepted. The upper bureau shall, within 20 working days from the day when the report
is submitted by the lower bureau, complete the examination and make a decision on the administrative license. and

3.

If the time limit of administrative license is otherwise provided for in any law and regulation, such provisions shall prevail.

V.

Hearing

1.

For a hearing as provided for the implementation of administrative license in laws, regulations or rules on the foreign exchange control,
or for any other licensing matters of great importance to the public interests that the foreign exchange bureau considers it necessary
to hold a hearing, the foreign exchange bureau shall hold a hearing in the process of making a decision.

2.

When an administrative license of foreign exchange control is of direct significance to the interests of the applicant or others,
before the foreign exchange bureau makes a decision about the administration, it shall inform the applicant or the interested party
of the right to request for a hearing. Where the applicant or interested party applies for a hearing with 5 working days from the
day when it is informed of such a right, the foreign exchange bureau shall organize a hearing within 20 working days. and

3.

As the applicant or interested party, a non-domestic natural person or organization shall take the interpreter by himself when attending
a hearing organized by foreign exchange bureau.

VI.

Modification

Where an applicant applies for modifying the matters under administrative license, the foreign exchange bureau shall, in accordance
with this Circular, handle the procedure again in the term of reapplying for administrative license.

VII.

Supervision and Check

The foreign exchange shall establish and perfect the supervision system, shall perform the supervisory duties by means of carrying
on regular or irregular inspections on the administrative license made by this bureau or the subordinate bureau, of checking , whether
on spot or not, on the reporting form, date and other relevant materials reflecting the information about the licensee’s activities
under the administrative license.

When conducting supervision and inspection over a licensee’s activities under the administrative license, the foreign exchange shall
note down the information about the supervision and inspection and the handling result, in order to satisfy the consultation from
the public and inspection from the upper bureau.

VIII.

When implementing an administrative license, the foreign exchange bureau shall prove, explain and offer accurate information upon
the applicant’s requests on matters under administrative license, provisions, requirements on material, procedure, reasons for the
decision etc.

IX.

When implementing an administrative license, offering a format for written application and organizing hearing, the foreign bureau
shall not charge anything for that.

X.

Where the regulation on the administrative license of foreign exchange control is of ambiguity or not provided for here in this Circular,
relevant provisions in Administrative License Law of People’s Republic of China and Hui Fa [2004] No. 1 shall be applied to.

XI.

This Circular shall go into effect as of July 1, 2004. The Circular on acceptance and examination and verification of application
and the Circular on non-acceptance and examination and verification of application, both provided for in Hui Fa [2004] No.1 , shall
be invalidated automatically.

This Circular, when received by subordinate bureaus, shall be distributed timely to branch offices within their jurisdictions, and
the relevant information shall be publicized in accordance with the provisions. Provisions in this Circular, after being studied
conscientiously, shall be carried out by each branch office, which shall administer in accordance with the laws and regulations.
Any problem arising in the implementation of this Circular shall be reported to the Department of Comprehensive Affairs of the SAFE
in time.



 
State Administration of Foreign Exchange
2004-07-05

 






ANNOUNCEMENT OF THE MINISTRY OF JUSTICE OF PRC






The Ministry of Justice

Announcement of the Ministry of Justice of PRC

[2004] No. 36

September 27, 2004

In accordance with the Measure for the Administration of the Representative Offices in China of the Foreign Law Firms (Order No. 338
of the State Council), the following 114 representative offices in China of foreign law firms, as qualified in the annual examination,
are approved to undertake legal practice within the territory of China to provide overseas legal services. The announcement is hereby
given as follows:

I.

Beijing Office

1.

MALLESONSSTEPHENJAQUESBEIJINGOFFICE(AUSTRALIA)

Previous approval date: September 6, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wei Zi 2002 No.1-0008

Re-verified date: April 10, 2002

Chief Representative: JenniferLeeShoy

Address: Suite 12, 5/F, Tower E1, Oriental Plaza, No. 1 East Chang An Avenue, Dongcheng District, Beijing

Post Code: 100738

Telephone: (010) 85186680

Fax: (010)85186678

Website: www.mallesons.com

E-mail: beimallesons.com

2.

LINTANG&;CO.LAWYERSBEIJINGOFFICE(AUSTRALIA)

Approval date: November 3, 2003

Registered Lawyer’s Certificate No.: Si Lv Zheng Wei Zi 2003 No.1-0015

Chief Representative: LinTang

Address: Room 203, South building, International Club, No. 21 Jianguomen Wai Avenue, Chao Yang District, Beijing

Post Code: 10020

Telephone: (010) 85325000

Fax: (010)85324288

E-mail:lintangbigpond.com.aus

3.

BEITENBURKARDTBEIJINGOFFICE(GERMANY)

Previous approval date: March 16, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0017

Re-verified date: June 10, 2002

Chief Representative: BjoernEtgen

Address: Suite 3130, 31/F, South Office Tower, Beijing Kerry Center, No. 1 Guanghua Road, Dongcheng District, Beijing

Post Code: 100020

Telephone: (010) 85298110

Fax: (010)85298123

Website:www.bblaw.de

E-mail: bblaw-beijingbblaw.de

4.

DR.HEINZSCHAEFER&;PARTNERIN-TERNATIONALLAWYERSBEIJINGOFFICE(GERMANY)

Previous approval date: July 23, 2001

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0041

Re-verified date: June 10, 2002

Chief Representative: BjoernEtgen

Address: Room 1110, Tower 2, Beijing Landmark Towers, No. 8 North Dongsanhuan Road, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010) 65907100

Fax: (010)64976672

5.

ADAMASBEIJINGOFFICE(FRANCE)

Previous approval date: October 20, 1992

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0002

Re-verified date: June 10, 2002

Chief Representative: FrankDesevedavy

Address: Shenku Yard, Ritan Park, Chaoyang District, Beijing

Post Code: 100020

Telephone: (010) 85612431,85612432

Fax: (010)85612433

Website: www.adamas.com.cn

E-mail:beijingadamas.com.cn

6.

GIDELOYRETTENOU ELBEIJINGOF-FICE(FRANCE)

Previous approval date: March 20, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0007

Re-verified date: June 10, 2002

Chief Representative: YanLan

Address: Room 3301, Jingguang Center, Hujialou, Chaoyang District, Beijing

Post Code: 100020

Telephone: (010)65974511

Fax: (010)65974551

Website: www.gide.com

E-mail:glnpekinpublic3.bta.net.cn

7.

DSLAWFIRMBEIJINGOFFICE(FRANCE)

Previous approval date: March 12, 1999

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0035

Re-verified date: June 10, 2002

Chief Representative: OlivierLefebure

Address: Room 1106A, Union Plaza, No. 20 Chaoyangmen Wai Avenue, Chaoyang District, Beijing

Post Code: 100020

Telephone: (010)65885758,65885759,65885760

Fax: (010)65880427

8.

VOVAN&;ASSOCIESBEIJINGOFFICE(FRANCE)

Previous approval date: March 12, 1999

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0036

Re-verified date: June 10, 2002

Chief Representative: PaulRanjard

Address: Shenku Yard, Ritan Park, Chaoyang District, Beijing

Post Code: 100020

Telephone: (010)85626284

Fax: (010)85617840

Website: www.vovan.associes.com

E-mail:vovan.pekinvovan-associes.com

9.

DAVIESWARDPHILLIPS&;VINEBERGLLPBEIJINGOFFICE(CANADA)

Previous approval date: March 16, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0016

Re-verified date: June 10, 2002

Chief Representative: CaniceChan

Address: Suite 1612, Building 1, Hengji Center, No. 18 Jianguomen Nei Avenue, Dongcheng District, Beijing

Post Code: 100005

Telephone: (010) 65186201,65186202,65186203,65186204

Fax: (010)65186205,65186206

Website: www.dwpv.com

E-mail:beijinginfodwpv.com

10.

BLAKE,CASSELS&;GRAYDONLLPBEIJINGOFFICE(CANADA)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0026

Re-verified date: June 10, 2002

Chief Representative: RobertKwauk

Address: Room A-1, 21/F, Hanwei Plaza, No. 7 Guanghua Road, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65611515

Fax: (010)65610667

Website: www.blakes.com

E-mail:beijingblakes.com.cn

11.

BAKER&;MCKENZIEBEIJINGOFFICE(USA)

Previous approval date: April 27, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0001

Re-verified date: June 10, 2002

Chief Representative: BingHo

Address: Room 3401, Building 2, China World Trade Center, Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65050591

Fax: (010)65052309

12.

COUDERTBROTHERSLLPBEIJINGOFFICE(USA)

Previous approval date: October 20, 1992

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0005

Re-verified date: June 10, 2002

Chief Representative: JingZhouTao

Address: Room 2701, Jingguang Center, Hujialou, Chaoyang District, Beijing

Post Code: 100020

Telephone: (010)65973851

Fax: (010)65978856

Website: www.coudert.com

E-mail:zhaolcoudert.com

13.

SQUIRESANDERS&;DEMPSEYLLPBEIJINGOFFICE(USA)

Previous approval date: April 15, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0006

Re-verified date: June 10, 2002

Chief Representative: James M.Zimmerman

Address: Suite 2501, 15/F North Tower, Beijing Kerry Center, No. 1 Guanghua Road, ChaoYang District, Beijing

Post Code: 100020

Telephone: (010)85296998

Fax: (010)85298088

Website: www.ssd.com

14.

PAUL,WEISS,RIFKIND,WHARTON&;GARRISONLLP,BEIJINGOFFICE(USA)

Previous approval date: September 6,1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0009

Re-verified date: June 10, 2002

Chief Representative: Nicholas C.Howson

Address: Suite 1205, Tower E3, Oriental Plaza, No.1 East Chang An Avenue, Dong Cheng District, Beijing

Post Code: 100738

Telephone: (010)85182766

Fax: (010)85182760,85182761

Website: www.paulweiss.com

15.

SHEARMAN&;STERLINGBEIJINGOF-FICE(USA)

Previous approval date: September 6,1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-00011

Re-verified date: June 10, 2002

Chief Representative: LeeEdwards

Address: Suite 2318, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65053399

Fax: (010)65051818

Website: www.shearman.com

16.

SKADDEN,ARPS,SLATE,MEAGHER&;FLOMLLPBEIJINGOFFICE(USA)

Previous approval date: March 16, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0014

Re-verified date: June 10, 2002

Chief Representative: JohLChristianson

Address: Suites 01-05, 4/F East Wing Office, China World Trade Center, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65055511

Fax: (010)65055522

Website: www.skadden.com

17.

CHA&;CHALLPBEIJINGOFFICE(USA)

Previous approval date: March 16, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0015

Re-verified date: June 10, 2002

Chief Representative: EugeneC.Cha

Address: Suite 2508, Beijing Capital Mansion, No.6 Xin Yuan Nan Road, ChaoYang District, Beijing

Post Code: 100004

Telephone: (010)84862866

Fax: (010)84862588

Website: www.chaandcha.com

18.

HOGAN&;HARTSONBEIJINGOFFICE(USA)

Previous approval date: June 26, 1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0024

Re-verified date: June 10, 2002

Chief Representative: JunWei

Address: Suite C, 29/F, China Merchants Tower, No.118 Jianguo Road, Chao Yang District, Beijing

Post Code: 100022

Telephone: (010)65669088

Fax: (010)65669096

Website: www.hhlaw.com

19.

MORRISON&;FOERSTERLLPBEIJINGOFFICE(USA)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0030

Re-verified date: June 10, 2002

Chief Representative: StevenL.Toronto

Address: Suite 3408, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65059090

Fax: (010)65059091

Website: www.mofo.com

20.

LEBOUF,LAMB,GREENE&;MACRAEBEIJINGOFFICE(USA)

Previous approval date: March 12, 1999

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0031

Re-verified date: June 10, 2002

Chief Representative: IngridW.ZhuClark

Address: Suite 1908, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65059228

Fax: (010)65059235

Website: www.llgm.com

21.

SULLIVAN&;CROMWELLLLPBEIJINGOFFICE(USA)

Previous approval date: March 12, 1999

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0032

Re-verified date: June 10, 2002

Chief Representative: WilliamChua

Address: Suite 501, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65056120

Fax: (010)65056136

Website: www.sullcrom.com

22.

VINSON&;ELKINSLLPBEIJINGOFFICE(USA)

Previous approval date: March 12, 1999

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0033

Re-verified date: June 10, 2002

Chief Representative: PaulC.Deemer

Address: 20/F Silver Tower, No.2 North Dongsanhuan Road, Chaoyang District, Beijing

Post Code: 100027

Telephone: (010)64106300

Fax: (010)64106360

Website: www.velaw.com

E-mail:beijingofficevelaw.com

23.

PERKINSCOIELLPBEIJINGOFFICE(USA)

Previous approval date: March 28, 2001

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0040

Re-verified date: June 10, 2002

Chief Representative: JonS.Eichelberger

Address: Suite 1018, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65056399

Fax: (010)65056390

Website: www.perkinscoie.com

E-mail:mmyangperkinscoie.com

24.

SIDLEYAUSTINBROWN&;WOODLLPBEIJINGOFFICE(USA)

Previous approval date: February 26, 1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.2-0002

Re-verified date: June 10, 2002

Chief Representative: DingHaiHua

Address: Room 3527, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65055359

Fax: (010)65055360

Website: www.sidley.com

E-mail:mxuesidley.com

25.

O’MELVENY&;MYERSLLP,BEIJINGOFFICE(USA)

Approval date: December 25, 2002

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.2-0005

Chief Representative: PatrickM.Norton

Address: Suite 3120, China World Tower 1, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65050920

Fax: (010)65050921

Website: www.omm.com

26.

FREDERICKW.HONGBEIJINGOFFICE(USA)

Approval date: December 25, 2002

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.2-0007

Chief Representative: KatherineY.Chang

Address: Suite 813, Tower W1, Oriental Plaza, The Towers, No.1 Dong Chang An Avenue, Beijing

Post Code: 100738

Telephone: (010)85182640

Fax: (010)85182565

Website: https://fwhonglaw.com

E-mail:E-mail:beijingfwhonglaw.com

27.

PAUL,HASTINGSJANOFSKY&;WALKERLLPBEIJINGOFFICE(USA)

Chief Representative: DavidArlenLivdahl

Previous approval date: June 20, 1998

Re-verified date: August 15, 2002

Registered Lawyer’s Certificate No.: Si Fa Zheng Wai Zi 2003 No.1-0003

Address: Room 2406, 24/ F, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65053383,65053441,65542740

Fax: (010)65053459

Website: www.paulhastings.com

E-mail:deliafengpaulhastings.com

28.

BAKER&;DANIELSBEIJINGOFFICE(USA)

Approval date: November 3, 2003

Registered Lawyer’s Certificate No.: Si Fa Zheng Wai Zi 2003 No.2-0004

Chief Representative: EdwardL.Williams

Address: Room 1919, Building 2, China World Trade Center, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65057733

Fax: (010)65058730

Website: www.bakerdaniels.com

E-mail:pchenbakerd.com

29.

HELLEREHRMANWHITE&;MCAULIFFELLPBEIJINGOFFICE(USA)

Approval date: December 2003

Registered Lawyer’s Certificate No.: Si Fa Zheng Wai Zi 2003 No.1-0016

Chief Representative: SimonChiMingLuk

Address: Room 1401, 14/F, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)58669738

Fax: (010)58669739

30.

PARAGONP.CBEIJINGOFFICE(USA)

Previous approval date: September 6,1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0013

Re-verified date: June 10, 2002

Chief Representative: DonaldParagon

Address: Room 1508, Building A, Xinzhong Street, Dongcheng District, Beijing

Post Code: 100027

Telephone: (010)84473112

Fax: (010)84473113

Website: www.paragonlawyers.com

E-mail:panlushia-l.net.cn

31.

JONESDAYBEIJINGOFFICE(USA)

Approval date: December25, 2002

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.2-0006

Chief Representative: JohnsonTan

Address: Room 3201, China World Tower, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)58661111

Fax: (010)58661122

Website: www.Jonesday.com

32.

WHITE&;CASELLPBEIJINGOFFICE(USA)

Registered Lawyer’s Certificate No.: Si Fa Zheng Wai Zi 2004 No.2-0005

Chief Representative: JohnsonTan

Address: Room 902, Beijing International Club Office Tower, No.21 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65057733

Fax: (010)65058730

E-mail: lxuewhitecase.com

33.

COLINNG&;PARTNERSBEIJINGOFFICE(SINGAPORE)

Previous approval date: June 8, 2000

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0037

Re-verified date: June 10, 2002

Chief Representative: NgTeckSimColin

Address: Suite 21-03, The Exchange Beijing, No. 118(Yi) Jianguo Road, Chaoyang District, Beijing

Post Code: 100022

Telephone: (010)65675115

Fax: (010)65675775

Website: www.Cnplaw.com

E-mail:ylicnplaw.com

34.

WENGENVIELIBELSERBEIJINGOF-FICE(SWITZERLAND)

Previous approval date: June 8, 2000

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0038

Re-verified date: June 10, 2002

Chief Representative: PaulThaler

Address: Room 722, Golden Land Building, No.32 Liang Ma Qiao Road, Chaoyang District, Beijing

Post Code: 100016

Telephone: (010)64687331

Fax: (010)64603132

Website: www.wenfei.com

E-mail:mailwenfei.Com

35.

BIRINDELLIEASSOCIATIBEIJINGOF-FICE(ITALY)

Previous approval date: June 26,1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0025

Re-verified date: June 10, 2002

Chief Representative: LucaBirindelli

Address: Beijing Kerry Center South Tower, 31/F, No.1 Guanghua Road, Chaoyang District, Beijing

Post Code: 100020

Telephone: (010)85298111

Fax: (010)85298112

Website: www.bea-law.com

E-mail:infobea-law.Com

36.

DUARTEGARCIACASELLIGUIMARAESETERRAADVOGADOSBEIJINGOFFICE(BRAZIL)

Approval date: November 5, 2003

Registered Lawyer’s Certificate No.: Si Fa Zheng Wai Zi 2003 No.1-0014

Chief Representative: LuizArthurCaselliGuimaraes

Address: Room 11-0113, Gateway Building, No.10 Yabao Road, Chaoyang District, Beijing

Post Code: 100020

Telephone: (010)85626081

Fax: (010)85626082

37.

SOMATATSUOLAWOFFICEBEIJINGOFFICE(JAPAN)

Previous approval date: May 4, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0018

Re-verified date: June 10, 2002

Chief Representative: SomaTatsuo

Address: Suite 3215, Building C, Beijing Hotel, No. 33 East Chang An Avenue, Beijing

Post Code: 100004

Telephone: (010)65266648

Fax: (010)65266648

38.

ASAHIKOMALAWOFFICES,BEIJINGOFFICE(JAPAN)

Previous approval date: June 26, 1996

Registered Lawyer’s Certificate No.: Si Fa Zheng Wai Zi 2003 No.1-0013

Re-verified date: June 10, 2002

Chief Representative: ShingoHisata

Address: Suite 1504, Office Tower 3, Henderson Centre, Beijing 18 Jianguomen Nei Avenue, Dongcheng District, Beijing

Post Code: 100005

Telephone: (010)65183858,65183859,65187578,65187579

Fax: (010)65183579

39.

ANDERSONMORIBEIJINGOFFICE(JAPAN)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0027

Re-verified date: June 10, 2002

Chief Representative: MoriwakiAkira

Address: Room 709, Beijing Fortune Building, No.5 North Dongsanhuan Road, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65909060,65909061,65909064

Fax: (010)65909062

Website: www.andersonmori.com

40.

MORIHAMADA&;MATSUMOTOBEIJINGOFFICE(JAPAN)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Fa Zheng Wai Zi 2003 No.1-0004

Re-verified date: June 10, 2002

Chief Representative: ShigehikoIshimoto

Address: Room 813, Beijing Fortune Building, No.5 North Dongsanhuan Road, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65909291,65909292,65909293

Fax: (010)65909290

Website: www.mhmjapan.com

E-mail:morisogo95777.com

41.

ITOGA-SOGALAWOFFICEBEIJINGOFFICE(JAPAN)

Previous approval date: June 8, 2000

Registered Lawyer’s Certificate No.: Si Fa Zheng Wai Zi 2003 No.1-0012

Re-verified date: June 10, 2002

Chief Representative: AkazawaYoshifum

Address: Room 2001, Beijing Fortune Building, No.5 North Dongsanhuan Road, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65908584

Fax: (010)65908583

42.

DENTONWILDESAPTEBEIJINGOF-FICE(UK)

Previous approval date: October 20, 1992

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0003

Re-verified date: June 10, 2002

Chief Representative:

Address: Room 12, 5/F Tower E1, Oriental Plaza, No.1 East Chang An Avenue, Dong Cheng District, Beijing

Post Code: 100738

Telephone: (010)85186680

Fax: (010)85186678

Website: www.dentonwildesapte.com

43.

LOVELLSBEIJINGOFFICE(UK)

Previous approval date: October 20, 1992

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0004

Re-verified date: June 10, 2002

Chief Representative: RobertLewis

Address: 2/F, Office Tower C2, Oriental Plaza, No.1 East Chang An Avenue, Dongcheng District, Beijing

Post Code: 100738

Telephone: (010)85184000

Fax: (010)85181656

44.

ALLEN&;OVERYBEIJINGOFFICE(UK)

Previous approval date: September 6, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0010

Re-verified date: June 10, 2002

Chief Representative: YongfuLi

Address: Suite 522, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100005

Telephone: (010)65058800

Fax: (010)65056677

Website: www.allenovery.com

E-mail:yongfu.liallenovery.com

45.

FRESHFIELDSBRUCKHAUSDERINGERBEIJINGOFFICE(UK)

Previous approval date: June 26, 1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0020

Re-verified date: June 20, 2002

Chief Representative: DouglasC.Markel

Address: Suite 3705, China World Tower 2, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65053448

Fax: (010)65057783

Website: www.freshfields.com

46.

HERBERTSMITHBEIJINGOFFICE(UK)

Previous approval date: March 12, 1999

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0034

Re-verified date: June 10, 2002

Chief Representative: MichaelFosh

Address: Suite 1410-15, China World Tower 1, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65056512

Fax: (010)65056516

Website: www.herbertsmith.com

47.

LINKLATERSBEIJINGOFFICE(UK)

Previous approval date: March 28, 2001

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.2-0003

Re-verified date: June 10, 2002

Chief Representative: LamChorLaiCelia

Address: Suite 29, 25/F China World Tower 1, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65058590

Fax: (010)65058582

Website: www.linklaters.com

48.

NORTONROSEBEIJINGIOFFICE(UK)

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0088

Chief Representative: Jean-MarcDeschandol

Address: Office C-801, Lufthansa Center, No. 50 Liangmaqiao Road, Chaoyang District, Beijing

Post Code: 100016

Telephone: (010)8448

Fax: (010)84486220

Website: www.nortonrose.com

E-mail:bingxin.linortonrose.com

49.

CLIFFORDCHANCELLPBEIJINGOF-FICE(UK)

Previous approval date: September 6, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.2-0001

Re-verified date: June 10, 2002

Chief Representative: CarmenKan

Address: Room 3326, China World Tower 1, No.1 Jianguomen Wai Avenue, Chaoyang District, Beijing

Post Code: 100004

Telephone: (010)65059018

Fax: (010)65059028

Website: www.cliffordchance.com

50.

CMSCAMERONMCKENNABEIJINGOFFICE(UK)

Previous approval date: September 6, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0012

Re-verified date: June 10, 2002

Chief Representative: TimothyWayneIngham

Address: Unit 89, Room 601, 6/F Office Tower W3, Oriental Plaza No.1, East Chang An Avenue, Dongcheng District, Beijing

Post Code: 100738

Telephone: (010)85182535

Fax: (010)85181820

51.

RICHARDSBUTLERBEIJINGOFFICE(UK)

Previous approval date: June 26, 1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0021

Re-verified date: June 10, 2002

Chief Representative: MeliaJohnAnthony

Address: Room 703B, HuaPu International Plaza, No.19 Chaowai Avenue, Chaoyang District, Beijing

Post Code: 100020

Telephone: (010)65802690,65802691

Fax: (010)65802701

E-mail:rbreadchina.com

II.

Shanghai Office

52.

CLIFFORDCHANCELLPSHANGHAIOFFICE(UK)

Previous approval date: March 20, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0043

Re-verified date: June 10, 2002

Chief Representative: StephenPioerHarder

Address: 40/F, Bund Center, No. 222 Yan An East Road, Shanghai

Post Code: 200002

Telephone: (021)63350086

Fax: (021)63350337

Website: www.cliffordchance.com

53.

STEPHENSONHARWOODSHANGHAIOFFICE(UK)

Previous approval date: September 6, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0044

Re-verified date: June 10, 2002

Chief Representative: RichardKimber

Address: 8/F, HSBC TOWER, No.101 Yin Cheng East Road, Pudong New Area, Shanghai

Post Code: 200120

Telephone: (021)68410988

Fax: (021)68410525

Website: www.srtlaw.com

54.

DAVUSWRIGHTTREMAINELLPSHANGHAIOFFICE(USA)

Previous approval date: September 6, 1993

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0045

Re-verified date: June 10, 2002

Chief Representative: Ron.RongweiCai

Address: Suite 450, East Tower, Shanghai Center, No.1376 Nanjing Road West, Shanghai

Post Code: 200040

Telephone: (021)62798560

Fax: (021)62798547

Website: www.dwt.com

55.

SCHULZNOACKBARWINKELLAWFIRMSHANGHAIOFFICE(GERMANY)

Previous approval date: March 16, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0046

Re-verified date: June 10, 2002

Chief Representative: Joerg-MichaelScheil

Address: Room 2605, ShartexPlaza, No.88 Zunyi Road, Shanghai

Telephone: (021)62198370

Fax: (021)62196849

Website: www.snblaw.de

56.

OH-EBASHILAWOFFICESSHANGHAIOFFICE(JAPAN)

Previous approval date: March 16, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0047

Re-verified date: June 10, 2002

Chief Representative:

Address: Suite 2308, Lippo Plaza, No.222 Huai Hai Zhong Road, Shanghai

Post Code: 200020

Telephone: : (021)63871885

Fax: : (021)63878446

57.

THIEFFRY&;ASSOCIESSHANGHAIOF-FICE(FRANCE)

Previous approval date: March 16, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0048

Re-verified date: June 10, 2002

Chief Representative: BrunoLefebure

Address: Suite 1407, China Merchants Tower, No. 161 Lujiazui East Road, Pudong, Shanghai

Post Code: 200120

Telephone: (021)68411388

Fax: (021)68411266

Website: www.thieffry.com

58.

ADAMASBEIJINGOFFICE(FRANCE)

Previous approval date: March 16, 1995

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0049

Re-verified date: June 10, 2002

Chief Representative: KwaiHuenWong

Address: 33/F, Plaza 66, No.1266 Nanjing Road West, Shanghai

Post Code: 200040

Telephone: (021)62490700

Fax: (021)62490706

Website: www.simmons-simmons.com

59.

ALLENSARTHURROBINSONSHANG-HAIOFFICE(AUSTRALIA)

Previous approval date: June 26, 1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0050

Re-verified date: June 10, 2002

Chief Representative: SeamusIanCornelius

Address: 13/F, HSBC Tower, No.101 Yin Cheng East Road, Pudong, Shanghai

Post Code: 200120

Telephone: (021)68412828

Fax: (021)68412829

Website: www.aar.com.au

60.

WESSINGSHANGHAIOFFICE(GERMANY)

Previous approval date: June 26, 1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0052

Re-verified date: June 10, 2002

Chief Representative: RalphVigoKoppitz

Address: Unit 1509, United Plaza, No.1468 Nanjing Road West, Shanghai

Post Code: 200040

Telephone: (021)62477247

Fax: (021)62477248

Website: www.taylorwessing.com

61.

O’MELVENY&;MYERSLLPSHANGHAIOFFICE(USA)

Previous approval date: June 26, 1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0053

Re-verified date: June 10, 2002

Chief Representative: LawrenceYee

Address: Kerry Centre, 20/F, No.1515 Nanjing Road West, Shanghai

Post Code: 200040

Telephone: (021)52985600

Fax: (021)52985500

Website: www.omm.com

62.

RODYK&;DAVIDSONSHANGHAIOFFICE(SINGAPORE)

Previous approval date: October 3, 1996

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0002

Re-verified date: June 10, 2002

Chief Representative: KohLiHiaJosephing

Address: Unit 2309, Ocean Towers, No. 550 Yan An East Road, Shanghai

Post Code: 200001

Telephone: (021)63229191

Fax: (021)63224550

Website: www.helenyeo.com

63.

YEO-LEONG&;PEHSHANGHAIOFFICE(SINGAPORE)

Previous approval date: February 27, 1997

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0056

Re-verified date: June 10, 2002

Chief Representative: AdrianPehNamChuan

Address: Suite 1106, No.172 Yuyuan Road, Shanghai

Post Code: 200086

Telephone: (021)62490412

Fax: (021)62495418

64.

BLAKEDAWSONWALDRONSHANG-HAIOFFICE(AUSTRALIA)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0057

Re-verified date: June 10, 2002

Chief Representative: PeterStapleton

Address: Suite 628, Shanghai Centre, No.1376 Nanjing Road West, Shanghai

Post Code: 200040

Telephone: (021)62798069

Fax: (021)62798109

Website: www.bdwchina.com

65.

HUNT&;HUNTLAWYERSSHANGHAIOFFICE(AUSTRALIA)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0058

Re-verified date: June 10, 2002

Chief Representative: MichaelWadley

Address: Room 129, NO.129 Yan An Xi Road, Shanghai

Post Code: 200040

Telephone: (021)62493543

Fax: (021)62493645

Website: www.hunthunt.com.au

66.

FRESHFIELDSBRUCKHAUSDERINGERSHANGHAIOFFICE(UK)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0059

Re-verified date: June 10, 2002

Chief Representative: Ge Fande

Address: 34/F, JinMao Tower, No.88 Century Boulevard, Pudong, Shanghai

Post Code: 200121

Telephone: (021)50491118

Fax: (021)38780099

67.

HAARMANN,HWMMELRATH&;PART-NERSHANGHAIOFFICE(GERMANY)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0002

Re-verified date: June 10, 2002

Chief Representative: Bernd-UweStucken

Address: Suite 2308, JinMao Tower, No.88 Century Boulevard, Pudong, Shanghai

Post Code: 200121

Telephone: (021)50498176

Fax: (021)50475122

68.

TMILAWOFFICESHANGHAIOFFICE(JAPAN)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0061

Re-verified date: June 10, 2002

Chief Representative: ￿β￿￿￿p>Address: 24/F, HSBC Tower, No.101 Yin Cheng East Road, Pudong, Shanghai

Post Code: 200120

Telephone: (021)68414466

Fax: (021)68410304

69.

LINKLATERS&;ALLIANCESHANGHAIOFFICE(UK)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0062

Re-verified date: June 10, 2002

Chief Representative: AndrewJohnGodwin

Address: 28/F, HSBC Tower, No.101 Yin Cheng East Road, Pudong, Shanghai

Post Code: 200120

Telephone: (021)68415858

Fax: (021)68415656

Website: www.linklaters.com

70.

KAYESCHOLERLLPSHANGHAIOF-FICE(USA)

Previous approval date: February 20, 1998

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0063

Re-verified date: June 10, 2002

Chief Representative: YingxiFu-Tomlinson

Address: Suites 1504-1506, CITIC Square, No.1168 Nanjing Road West, Shanghai

Post Code: 200041

Telephone: (021)52984266

Fax: (021)52984277

Website: www.kayescholer.com

71.

BRYANCAVELLPSHANGHAIOFFICE(USA)

Previous approval date: March 12, 1999

Registered Lawyer’s Certificate No.: Si Lv Zheng Wai Zi 2002 No.1-0064

Re-verified date: June 10, 2002

Chief Representative: JohnV.Lonsberg

Address: Suite 448, Shanghai Centre, No.1376 Nanjing Road West, Shanghai

Post Code: 200040

Telephone: (021)62798166

Fax: (021)62798165

72.

JONES,DAY,REAVIS&;POGUESHANGHAIOFFICE(USA)

Previous

CIRCULAR OF STATE ADMINISTRATION OF FOREIGN EXCHANGE CONCERNING EXTENSION OF THE OPERATION PILOT OF LONG TERM FOREIGN EXCHANGE SETTLEMENT AND SALES

State Administration of Foreign Exchange

Circular of State Administration of Foreign Exchange concerning Extension of the Operation Pilot of Long Term Foreign Exchange Settlement
and Sales

Hui Fa [2004] No.103

October 13, 2004

Branch bureaus and foreign exchange administration departments under State Administration of Foreign Exchange of various provinces,
autonomous regions and municipalities directly under the Central Government, branch bureaus in the municipalities of Shenzhen, Dalian,
Qingdao, Xiamen and Ningbo and the Chinese designated foreign exchange banks,

In order to meet the requirements of China opening up and deepening of the financial reform, satisfy the market demand for enterprises
to evade the risks of foreign exchange rate and further develop China foreign exchange market, in accordance with the Regulations
of the People’s Republic of China on the Management of Foreign Exchange, Interim Measures for the Administration of People’s Bank
of China on the Operation of Settlement and Sales of Long Term Foreign Exchange and other relevant provisions, relevant issues regarding
extension of the operation pilot of long term foreign exchange settlement and sales are hereby notified as follows:

1.

Access Requirements

The designated foreign exchange banks which meet the following requirements can apply for the operation of long term foreign exchange
settlement and sales:

(1)

having obtained the operation qualification for settlement and sales of foreign exchange two years at least (including two years);

(2)

able to seriously implement the administrative provisions of State Administration of Foreign Exchange on the operation of settlement
and sales of foreign exchange, and having no record of material violation of the laws and regulations governing the operation of
settlement and sales of foreign exchange within first two years after submitting the application;

(3)

the operation amount of settlement and sales of foreign exchange of the whole bank in the previous year is over 20 billion USD (including
20 billion USD);

(4)

possessed of strong ability of inter-bank borrowing of local/foreign currency;

(5)

possessed of sound and uniform risk management system, internal control system and other relevant operation regulations of the operation
of long-term foreign exchange settlement and sales;

(6)

possessed of complete technical support system of disposal and risk real-time management of the operation of long-term foreign exchange
settlement and sales;

(7)

possessed of the technical support system of settlement and sales of long term foreign exchange rate, position pooling and issuing
the relevant report forms required by State Administration of Foreign Exchange; and

(8)

other requirements stipulated by State Administration of Foreign Exchange.

2.

Approval Procedures

(1)

Application for the operation of long term foreign exchange settlement and sales by designated foreign exchange banks should abide
by the approval principle of legal person.The applications of policy banks inside China, wholly state-owned commercial banks and
shareholding commercial banks shall be filed by their head offices to State Administration of Foreign Exchange.The application of
city commercial banks inside China, rural commercial banks and other Chinese designated foreign exchange banks shall be directly
filed by their head offices, and the application of foreign banks shall be filed directly by main reporting banks inside China to
branch bureaus of SAFE where they are located, examined by branch bureaus of the SAFE where they are located and be submitted to
the State Administration of Foreign Exchange for approval.

(2)

Where the branches of the designated foreign exchange banks inside China are engaged in the operation of long-term foreign exchange
settlement and sales, the administrative measures that legal person conducts authorization and the branches put on record shall be
abided by.Application for putting on record should be made to branch bureaus of the SAFE where they are located based on the written
authorization documents of head office, qualification certificate of foreign exchange settlement and sales and the approval documents
of State Administration of Foreign Exchange.Until the approval and record by branch bureaus of the SAFE where they are located, the
operation of long-term foreign exchange settlement and sales cannot be launched.

(3)

Sub branch bureaus of the SAFE where they are located shall examine the time limit and legitimacy of business of foreign exchange
settlement and sales operation of the branches of the bank within 20 working days after receiving the material for record of the
bureaus of the bank in accordance with the provisions of Article 1 (1), (2) of the present Circular.Those who satisfy the requirements
can be recorded and the approval and record result should be reported to the International Revenue and Expenditure Department of
State Administration of Foreign Exchange.

3.

Application Documents

The following documents should be submitted if the designated foreign exchange banks apply for the operation of long-term foreign
exchange settlement and sales:

(1)

The application report and feasibility report satisfying the foregoing access requirements;

(2)

License of the operation of foreign exchange settlement and sales;

(3)

Internal administrative rules and systems on the operation of long-term foreign exchange settlement and sales, including:

a.

Administrative provisions of risk exposure of long-term foreign exchange settlement and sales operation;

b.

Administrative provisions of position covering of long-term foreign exchange settlement and sales operation;

c.

Administrative provisions of power limit of long-term foreign exchange settlement and sales operation;

d.

Basic operation provisions of long term foreign exchange settlement and sales operation; and

e.

Accounting provisions of long term foreign exchange settlement and sales.

(4)

Setting and function explanation on technical support system of long term foreign exchange settlement and sales operation; and

(5)

other documents and materials required by State Administration of Foreign Exchange.

4.

The Scope of Business

The following revenue and expenditure of foreign exchange of the institutions inside China can make the application for the operation
of long-term foreign exchange settlement and sales to the banks:

(1)

revenues and expenditure under the trade item;

(2)

revenues and expenditure under the service trade and income items;

(3)

reimbursing foreign exchange loans of the bank itself;

(4)

reimbursing the loan inside China registered by State Administration of Foreign Exchange.

The contract cannot be repeatedly reached based on the same revenues and expenditure of foreign exchange.

5.

The Administration of Business

Besides the principle of real need, the following administrative regulations should be abided by if the designated foreign exchange
banks handle long-term foreign exchange settlements and sales operation:

(1)

Approval of the authenticity of the content of the long term foreign exchange settlements and sales contract should by strengthened
if the designated foreign exchange banks handle long term foreign exchange settlements and sales operation.The revenue and expenditure
of foreign exchange need to be pre-examined and approved by foreign exchange bureaus according to the relevant regulations of the
administration of foreign exchange settlement and sales should be examined the banks based on the valid certificate provided by the
institutions inside China which signed the long term foreign exchange settlement and sales contract in accordance with the administrative
regulations of settlement and sales of foreign exchange;

(2)

If the long-term foreign exchange settlements and sales contract expires, all relevant certificates should be provided by the institutions
inside China according to the administrative requirements of settlement and sales of foreign exchange.After examining the completion
and the authenticity of the documents provided by the institutions inside China, the formalities of the implementation of long term
contract can be done with the institutions inside China; If the institutions inside China cannot provide all effective certificates
in time, the long term contract cannot be implemented and the institutions inside China should shoulder the responsibilities of breach
of the contract.

(3)

The operation of long term foreign exchange settlement and sales should be handled according to the provisions of the contract regarding
the origin of foreign exchange revenue and the purpose of the foreign exchange expenditure.The institutions inside China cannot offset
by using other foreign exchange revenue and expenditure.If foreign exchange revenue and expenditure is inconsistence with the provisions
of the contract, the institutions inside China are regarded as breach of the contract.

(4)

In the two provisions abovementioned, if the default of long term foreign exchange settlement and sales contract is caused by the
institutions inside China, the banks can require the institutions inside China shoulder the caused damage.

6.

Long Term Price-fixing

Settlement and sales of long-term foreign exchange rate is based on the supply and demand of the market and price should be uniformly
fixed with negotiation of the banks which operate the long-term foreign exchange settlement and sales.State Administration of Foreign
Exchange is in charge of the supervision and administration of the price-fixing methods of settlement and sales of long-term foreign
exchange rate.

7.

Period Composing

The maximum period of the contract of long-term foreign exchange settlement and sales operation reached by the designated foreign
exchange banks and the institutions inside China is one year (including one year).The period composing within one year can be confirmed
by the designated foreign exchange banks of their own.

8.

Position Supervision

State Administration of Foreign Exchange administers the designated foreign exchange banks handling the operation of long-term foreign
exchange settlement by implementing integrated position and checks and adjusts integrated position limitation upon the application
of the head offices of all banks.

The designated foreign exchange banks should daily report and submit the daily report forms of integrated position and other relevant
report forms to State Administration of Foreign Exchange in accordance with Circular of State Administration of Foreign Exchange
concerning Adjustment of Bank Reporting of Foreign Exchange Settlement and Sales Position (Hui Fa [2003] No.133).

9.

Business Scrutiny and Sanction

State Administration of Foreign Exchange will irregularly inspect and spot-check the operation of long-term foreign exchange settlement
and sales handled by the designated foreign exchange banks.If there is any of the following activities, State Administration of Foreign
Exchange and its branch bureaus will make the sanctions including fine, withdrawal of the operation qualification and etc.according
to the Regulations of the People’s Republic of China on the Management of Foreign Exchange and the relevant regulations of settlement,
sales and payment of foreign exchange.

(1)

in case that the banks violates the provisions of the present Circular and fails to strictly examine the effective certificate of
the institutions inside China;

(2)

in case that the relevant administrative provisions of position are violated or the relevant report forms fail to be reported and
submitted on time;

(3)

in case that the banks handle the operation of long term foreign exchange settlement and sales without the approval of People’s Bank
of China and State Administration of Foreign Exchange.

The present Circular shall be implemented as of November 1, 2004 and interpreted by State Administration of Foreign Exchange.The branch
bureaus of State Administration of Foreign Exchange shall forward the present Circular to their sub-branches and commercial banks
(including foreign banks) upon receiving the present Circular.Problems encountered in the course of implementation of the present
Circular shall be promptly reported to the State Administration of Foreign Exchange.

Contact entity: The International Revenue and Expenditure Department of State Administration of Foreign Exchange

Contact Telephone: (010) 68402160

 
State Administration of Foreign Exchange
2004-10-13

 



MEASURES FOR THE CLASSIFIED ADMINISTRATION ON THE EXPORT OF COMPONENTS AND PARTS OF CIVIL AVIATION

Order of the Ministry of Commerce and the General Administration of Customs

No. 6

Measures for the Classified Administration on the Export of Components and Parts of Civil Aviation, which have been deliberated and
adopted at the 5th executive meeting of the Ministry of Commerce on May 17th, 2006, are hereby promulgated upon the approval of the
General Administration of Customs, and shall come into force 30 days later after the promulgation.
Bo Xilai, the Minister of the Ministry of Commerce

Mu Xinsheng, the Director of the General Administration of Customs

August 1st, 2006

Measures for the Classified Administration on the Export of Components and Parts of Civil Aviation

Article 1

With a view to perfecting the export control of dual-use items and technologies and facilitating the export of components and parts
of civil aviation, the present Measures are formulated in accordance with the Foreign Trade Law of the People’s Republic of China
and the Regulations of the People’s Republic of China on Controlling the Export of Missiles and Related Items and Technologies.

Article 2

The term “components and parts of civil aviation” as mentioned in the present Measures refers to the items that are subject to the
control of the Regulations of the People’s Republic of China on Controlling the Export of Missiles and Related Items and Technologies
and are used for civil aviation (for the names and customs codes, please see “items and technologies listed in the checklist of missiles
and related items and technologies export in “, Attachment 1 the Administration Catalogue of Import and Export Licenses of Dual-Use
Items and Technologies of the Measures for the Administration of Import and Export License of Dual-Use Items and Technologies).

Article 3

The classified administration on licenses shall be adopted on the export of components and parts of civil aviation.

The management on export permit documents shall be adopted for the components and parts of civil aviation exported by such means as
“Goods for Repair” (Code No. 1300), “Temporarily Imported & Exported Goods” (Code No. 2600), “Goods in Bonded Warehouses” (Code
No. 1233), “Leased for Less Than One Year” (Code No. 1500), and “Leasing Trade” (Code No. 1523).

As for the components and parts of civil aviation exported by any means other than the customs supervision means as described in the
preceding paragraph, the export license administration of dual-use items and technologies shall still apply the Measures for the
Administration on Import and Export Licenses of Dual-Use Items and Technologies (Order No. 29 [2005] of the Ministry of Commerce
and the General Administration of Customs).

Article 4

The exporter of components and parts of civil aviation (hereinafter referred to as exporter) shall file an application for the Export
Permit Document with the Ministry of Commerce and submit the following materials:

(1)

The application for export permit;

(2)

The statement of the names (including the model number), producing countries and manufacturers of the components and parts of civil
aviation to be exported;

(3)

The statement of the export purposes, ports of entry and importing countries (regions);

(4)

The guarantee document that the exporter shall abide by the laws and regulations and relevant provisions on export control of the
state;

(5)

Other documents as required by the Regulations of the People’s Republic of China on Controlling the Export of Missiles and Related
Items and Technologies.

Article 5

The Ministry of Commerce shall accept the application after receiving the complete and effective application materials, and issue
an Export Permit Document to the qualified applicant within the examination time limit as stipulated in the Regulations of the People’s
Republic of China on Controlling the Export of Missiles and Related Items and Technologies.

In the Export Permit Document, such contents shall be specified as the exporter, customs supervision means, importing country (region),
name and customs code (including the model number) of the components and parts of civil aviation and the effective date of the Document
and port of entry (for the format see attachment).

Article 6

The exporter may, upon the strength of the Export Permit Document, go through customs clearance formalities for two or more times
within the effective date of the Document with no limit on the times of customs declaration and export amount.

Article 7

The customs house shall, upon the original copy of Export Permit Document issued by the Ministry of Commerce, conduct export inspection
and clearance formalities for the components and parts of civil aviation as listed in Paragraph 2, Article 3 of the present Measures,
and retain the photocopy of the Export Permit Document and the declaration form for archival filing. The original copy of the Export
Permit Document shall be returned to the exporter or the agent.

Article 8

The exporter shall, within 30 days as of the expiration of the effective date of the Export Permit Document, report to the Ministry
of Commerce issues as follows, the export time, model numbers, quantities, trade method, importing countries (regions), importers,
end users, end users and the ports of entry of the components and parts of civil aviation exported under the Export Permit Document.

Article 9

In order to prepare the selective inspection of the Ministry of Commerce, the exporter shall keep the relevant contracts, invoices,
account books, documents, records, files, business letters and phone calls, sound and video recordings and other materials for at
least 5 years .

Article 10

Where an exporter violates the provisions of the present Measures, the Ministry of Commerce shall give him an admonition and impose
upon it a fine of less than 30,000 Yuan. When it is necessary, the Ministry of Commerce may, according to the Foreign Trade Law of
the People’s Republic of China and other relevant laws and regulations, order it to make corrections within a certain time limit
and cancel its Export Permit Document, and may not accept its application for an Export Permit Document within 3 years, or forbid
it to engage in the export business activities of relevant commodities within a certain time limit of not less than 1 year but not
more than 3 years.

The exporter violating the relevant laws and regulations on export control shall be punished according to relevant provisions.

Article 11

The power to interpret the present Measures shall remain with the Ministry of Commerce and the General Administration of Customs
in light of their respective functions.

Article 12

The present Measures shall come into force 30 days later after the promulgation.

Attachment: The format of Export Permit Document

Attachment:
The format of the Export Permit Document Reply of the Ministry of Commerce on Approving the Export of XX (the name of the components
and parts of civil aviation) by XXCompany

Shang Chan Pi No. XX [200X]

XXCompany:

Your application materials have been received. Upon consideration, a reply is made to you as follows:

1.

Your company is hereby approved to engage, through the XXmeans of customs supervision (Code No.XX), in the business of exporting
XX(name, customs code and model of the components and parts of civil aviation) to XXcountry (region) at XX(port of entry) before
XX (date).

2.

Your company shall strictly abide by the laws and regulations and other relevant provisions on export control of the state, intensify
the administration, and summarize and report the relevant situation to the Ministry of Commerce (the Industry Department) within
30 days as of the expiration of the effective date of the present Document.

3.

This Reply shall come into force as of the date of its promulgation.

Ministry of Commerce

XX(Date)



 
Ministry of Commerce, General Administration of Customs
2006-08-01

 






CIRCULAR OF THE STATE ADMINISTRATION OF FOREIGN EXCHANGE ON UNIFYING THE TIME OF SPOT COMPETITIVE BIDING TRANSACTION AND SPOT INQUIRY TRANSACTION IN INTER-BANK FOREIGN EXCHANGE MARKET

Circular of the State Administration of Foreign Exchange on Unifying the Time of Spot Competitive Biding Transaction and Spot Inquiry
Transaction in Inter-bank Foreign Exchange Market

Hui Fa [2006] No.50
September 29, 2006

Branches and administration departments of the State Administration of Foreign Exchange (SAFE) of all provinces, autonomous regions,
municipalities directly under the central government, and branches of Shenzhen, Dalian, Qingdao, Xiamen and Ningbo municipalities,
the Foreign Exchange Transaction Center of China, and all designated Chinese-capital foreign exchange banks￿￿

For the purpose of regulating the inter-bank foreign exchange market transaction, facilitating financial organs to fill up counter
position of foreign exchange on time after closing of the market, and enhancing the healthy development of foreign exchange market,
we hereby promulgate the Circular on Unifying the Time of Spot Competitive Biding Transaction and Spot Inquiry Transaction in Inter-bank
Foreign Exchange Market as follows:

1.

As from October 9, 2006, the closing time of Spot Competitive Biding Transaction in inter-bank foreign exchange market will be extended
from 15￿￿0 to 17￿￿0, which is consistent with the closing time of Spot Inquiry Transaction.

2.

After receiving this circular, the Foreign Exchange Transaction Center of China shall proclaim the circular to members of inter-bank
foreign exchange market and organize relevant preparations, so as to guarantee the safe and steady function of the transaction system.



 
State Administration of Foreign Exchange
2006-09-29

 






SUPPLEMENTARY CIRCULAR OF MINISTRY OF FINANCE, GENERAL ADMINISTRATION OF CUSTOMS AND STATE ADMINISTRATION OF TAXATION ON RELEVANT ISSUES OF ADJUSTING EXPORT TAX REFUND RATE OF SOME COMMODITIES

Supplementary Circular of Ministry of Finance, General Administration of Customs and State Administration of Taxation on Relevant
Issues of Adjusting Export Tax Refund Rate of Some Commodities

Cai Shui [2006] No. 145
September 29, 2006

The competent departments of finance and taxation in all provinces, autonomous regions, municipalities directly under the central
government and cities specifically designated in the state plan, Guangdong Sub-Administration of China Customs, Special Commissioners’
Office in Shanghai and Tianjin, the customs offices directly affiliated to the General Administration of Customs, and the Bureau
of Finance in Xinjiang Production & Construction Corps:

As of the distribution of the Circular of Ministry of Finance, State Development and Reform Commission, Ministry of Commerce, General
Administration of Customs and State Administration of Taxation on Adjusting Export Tax Refund Rate of Some Commodities and Supplementing
the Prohibited Catalogue for Processing Trade (Cai Shui [2006] No. 139), some problems in its implementation and its appendix have
been reported and it is hereby supplemented as follows:




I

I.
Provisions of Tax Refund Rate of Commodities Listed in the Appendix of the
Document Cai Shui [2006] No. 139

1.      
1.
Commodities which apply the original tax refund rates. The commodities as
follows in the “List of Commodities with Reduced Export Tax Refund Rates”
still apply the original tax refund rates:

Sequence
Number		 Chapter Tariff Code Name Original Tax Refund Rate
844 63 63090000 Old clothes 0
967 72 72181000 Stainless
ingot and other primary products		 0
968 72189100 Semi-finished stainless steel products of rectangular
cross section		 0
969 72189900 Other semi-finished stainless steel products 0
996 72241000 Other alloy ingots and primary products 0
997 72249010 Rough wrought bars, individual weight ￿￿0 tons 0
998 72249090 Other alloy steel billets 0
1108 80 80030000 Stannum and stannum alloy poles, bars and filaments 5
1109 80040000 Stannum and stannum alloy plates, sheets and strips,
thickness >0.2mm		 5

2.      
2. Delete two
commodities from the “List of the List of Commodities with Reduced Export
Tax
Refund Rates”, i.e. “unalloyed nickel powder and flaky powder”, No. 1081
and Tariff Item No. 75040010, and “alloy nickel
powder and flaky powder”,
No. 1082 and Tariff Item No.75040020.

3.      
3. The tax
refund rate of “iron or unalloyed steel wire plated or coated with zinc”,

No. 964 and Tariff Item No.72172000 in the “List
of the Commodities with Reduced Export Tax Refund Rates”, shall be 8%.

4.      
4. Adjust the
Tariff Item of certain export commodities in the “List of the Commodities
with
Reduced Export Tax Refund Rates”.

a.      
a. “Other
polyvinyl plates, sheets and strips”, No. 99 and Tariff
Item No.39201090,
is split into “Ethylene-tetrafluoroethylene Film”, Tariff Item No.75040010 and with a tax refund rate of 11%, and
“non-foam

polyethylene plates, sheets, films, foils and riglets”, Tariff Item No.
3920109090, with a tax refund rate of 11%.

b.      
b. “Other
propylene polymer plates, sheets and strips”, No. 101 and Tariff
Item
No.39202090, is modified into “non-foam polypropylene plates, sheets,
films, foils and riglets”, Tariff Item No.3920209090″
and with a tax refund
rate of 11%.

c.      
c. “Polyvinyl chloride plates, sheets, films, foils and
riglets, plasticizer by weight￿￿%”,
No. 103 and Tariff Item No.39204300, is modified into
“polyvinyl
chloride plates, sheets, films, foils and riglets”, Tariff
Item No.3920430090
and with a tax refund rate of 11%.

d.      
d. “Polyvinyl
chloride plates, sheets, films, foils and riglets, plasticizer by weight￿￿6%”,
No. 104 and Tariff
Item No.39204900, is modified into “other polyvinyl chloride plates, sheets,
films, foils and
riglets”, Tariff Item No.3920490090 and with a tax refund
rate of 11%.

e.      
e. “Bamboo
throwaway chopsticks”, No. 192 and Tariff Item No.44190032, is modified
into “other
bamboo throwaway chopsticks”, Tariff Item No.4419003290 and with a tax refund
rate of 11%.

5.      
5. Add the commodities as follows in the “List of
Commodities without Export Tax Refund
Rates”: “pure magnesium oxide”, Tariff Item No.25199091,
“other magnesium oxide”, Tariff Item
No.219909990, and “wollastonite”,
Tariff Item No.25309091.

6.      
6. Adjust the
Tariff Item and the name of certain commodities in the “List of Export

Commodities with Raised tax Refund Rates”. The name of the commodity No. 192
is “gas chromatograph”, and that of No. 169
is “palmitostearin”.
The Tariff
Item of “computer
parts and accessories (including magnetic head and memory bar)”,
which is
originally No.84733090
and the commodity code No. 14, is
split to two, i.e. No. 84733010 and No. 84733090.
The magnetic head and the
memory bars of supercomputers, mainframe computers, medium-sized computers and
minicomputers
are incorporated into Tariff Item No. 84733010 and the reserved
memory bar of microcomputers and other automatic data processing
equipment is
included into Tariff Item No. 84733090.

II.
Clarify the Catalogue of Commodities with Export Tax Refunds Cancelled before
the Document Cai Shui [2006] No.139

The
Document Cai Shui [2006] No.139
has clearly stated: “List the commodities with export tax refunds cancelled
now and before
into the catalogue of prohibited processing trade. Collect import
tariff and import linkage tax from commodities listed in the
catalogue of
prohibited processing trade”. The appendix of the document nevertheless does
not include the catalogue of commodities
whose export refunds had already been
cancelled. It is hereby supplemented with “Catalogue
of Commodities with Export Tax Refund
Cancelled Before September 15, 2006”,
which consists of the commodities whose export tax refund had already been
cancelled
before the present adjustment. See the appendix for details.

Appendix:
“Catalogue of Commodities with Export Tax Refund Cancelled Before September
15, 2006”

￿￿

Appendix:

Catalogue of Commodities with Export Tax Refund Cancelled Before
September 15, 2006

￿￿




No. Tariff
Item		 Name
of Commodity
1 03019210 Eel fry
2 05061000 Bone, horn and column, unprocessed or degreased,
initially processed (unslit), treated with acid or degummed; powder of

the above products
3 05069011
4 05069019
5 05069090
6 2504 Natural graphite
7 2508 Other clay, etc.
8 2510 Natural calcium phosphate,
calcium
alumina phosphate, and
phosphate chalk
9 25191000 Magnesium products under the previous tariff item
numbers
10 25199010
11 25199020
12 25199030
13 2519909910
14 25261020 Talcum products under the previous tariff item numbers
15 25262020
16 25292100 Fluorite products under the previous tariff item numbers
17 25292200
18 25309020 Rare earth
19 25309099 Magnesium products under the previous tariff item
numbers
(bricks of magnesia waste)
20 Chapter 26 Ore, slag and calx, including ore and concentrate of
iron, manganes, copper, nickel, cobalt, aluminum, zinc, stannum, chrome,

tungsten, uranium, titanium, columbium, tantalum, vanadium, molybdenum
and noble metals, and other residues,
scoria and calx
21 27011210 Caking coal
22 27040010 Coke and semi-coke
23 2706 Tar and other mineral tar distilled from coal, lignite
or peat, dehydrated or partly distilled, remade tar included
24 27101110 Motor and aviation gasoline
25 27101120 petroleum
naphtha
26 27101911 Aviation kerosene
27 27101912 Lamp kerosene
28 27101921 Light
diesel oil
29 27101922 Fuel oil No.5-7
30 27101929 Other diesel oil and fuel
oil
31 27101991 Lubricating oil
32 27101992 Lubricating grease
33 27101993 lube
base oil
34 27101999 Other heavy oil; unnamed
products with the above oil as the basic elements
35 27109100 Waste oil
36 27109900
37 28046900.1 Silicon metal products
under
the previous tariff item numbers
38 28047010 Phosphor
39 28047090 Rare Earth Products under the Previous Tariff Item
Numbers
40 28053011
41 28053012
42 28053019
43 28053021
44 28053029
45 28181000 Artificial corundum
46 28182000 Aluminum oxide
47 28183000
48 2826900010 Potassium
fluotantalate
49 28461010 Rare earth oxide products
under the previous tariff item numbers
50 28461020 Rare earth salt products
under
the previous tariff item numbers
51 28461030
52 28461090
53 28469011 Rare earth oxide products
under the previous tariff item numbers
54 28469012
55 28469013
56 28469014
57 28469019
58 28469028 Rare earth salt products
under
the previous tariff item numbers
59 28469029
60 28469030
61 28469048
62 28469049
63 28469090
64 28491000 Calcium carbide
65 28492000 Silicon carbide products
under the previous tariff item numbers
66 29022000 Benzene
67 3004909020 Pacilitaxel products
68 3102100010 Carbamide products
69 3102100090
70 31028000
71 3105300010 Diammonium
phosphate, monoammonium phosphate
72 3105300090
73 31054000
74 3824909010 Silicon carbide products
under the previous tariff item numbers
75 4101 Raw fur under the previous
tariff item numbers
76 4102
77 4103
78 4104 Leather
under
the previous tariff item numbers
79 4105
80 4106
81 4301 Raw furskin
82 4401 Fuel wood, wood in chips or particles, sawdust, wood
waste and scraps
83 4403 Log
84 4404 Hoopwood, split wooden poles, sheets and
chipwood, etc.
85 4405 Wood-Wool, Wood Powder
86 4407 Wood sawn or chipped lengthwise, or sliced or peeled,
more than 6mm thick
87 4408 Facing sheets, etc., more than 6mm thick
88 4409 Lumber continuously shaped along any of its edges, ends
and faces

 
The Ministry of Commerce
2006-12-11

 



CONSTITUTION ACT, 1982 – page 22

NOTES (1) The enacting clause was repealed by the Statute Law Revision Act, 1893, 56-57 Vict., c. 14 (U.K.). It read as...

CONSTITUTION ACT, 1982 – page 21

CONSTITUTION ACT, 1982 – page 20

CONSTITUTION ACT, 1982 – page 19

CONSTITUTION ACT, 1982 – page 18

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