REGULATIONS ON CONTROL OF OUTBOUND AND INBOUND LUGGAGE AND ARTICLES CARRIED BY CHINESE CITIZENS

   Article 1. These regulations are formulated in accordance with relevant provisions of “The Customs Law of the People’s Republic of China” and
“Procedures of the Customs of the People’s Republic of China for Controlling Inbound and Outbound Luggage and Articles Carried by
Passengers”.

   Article 2. Chinese citizens mentioned in these regulations refer to Chinese who reside in China and enter and exit of China through passports
for private affairs signed and issued by Chinese public security departments.

   Article 3. Clearance shall be given by the Customs, upon duty levying or exemption according to Customs provisions, to items and amounts of
inbound luggage and articles within limits as prescribed in the attached “Table of Limits on Articles Carried into China by Chinese
Citizens (Referred hereafter as “Table of Limits”, see Appendix 1) if they are carried by Chinese citizens who have resided continuously
outside China for a year or more before the date of entry.

For articles beyond the limit of duty exemption as prescribed in Items 4 and 5 of the Table of Limits, clearance shall be given to
only one article upon examination and approval by the Customs.

   Article 4. Clearance and exemption shall be given by the Customs to articles within limits as prescribed in Items 1, 2 and 3 of the Table of
Limits which are carried into China by Chinese citizens having resided outside China continuously for less than one year before the
current entry. For articles in Items 4 and 5 of the Table of Limits, clearance shall be given to only one article chosen from among
them after duty payment if Chinese citizens enter China for the first time in each Gregorian-calendar year.

Articles beyond the limit of those taxed and permitted to enter shall not be allowed to come into Chinese territories. Travellers
shall go through procedures to claim and send them out of China on their own within the time limit set by the Customs. The Customs
shall dispose of the articles beyond the time limit.

   Article 5. For travellers under the age of 16 full years, clearance shall be given only to articles necessary for travelling.

   Article 6. Except articles the exit of which is prohibited or restricted by the State, a reasonable amount of luggage and articles carried by
Chinese residents for their own use are allowed to leave Chinese territories.

   Article 7. Articles listed in “Table of Articles Prohibited to Enter or Leave the People’s Republic of China” shall not be carried by Chinese
citizens into or outside of China.

   Article 8. Inbound and outbound luggage and articles carried by personnel holding passports for private affairs or valid passes issued by competent
Chinese departments in charge of Hongkong, Macro and Taiwan affairs shall be processed by the Customs pursuant to other related regulations.

Clearance is given only to inbound and outbound luggage and articles necessary for travelling of personnel who hold the above-mentioned
documents and cross Chinese borders with neighbouring countries.

   Article 9. Matters not provided for in these regulations are handled according to related Customs laws and regulations.

   Article 10. The regulations shall come into force as of June 1, 1992.

Appendix 1

Amount

Residing abroad Residing abroad

Item continuously continuously

for more than for less than

one year one year

1. Foodstuffs, clothing

material, clothing, arts

and crafts, ordinary

watches and other