Relaxation of import and export business policies for non foreign funded enterprises

Introduction: new page 1 according to CCTV international, from September 1 this year, China will substantially relax the standards for non foreign-funded enterprises, namely domestic funded enterprises, to engage in import and export business, and delegate the authority for approval and registration to local authorities The Ministry of Commerce of gc9 has officially issued a notice on adjusting the qualification standards and approval procedures for import and export business The circular implements a unified policy on the administration of import and export business qualifications for all domestic enterprises registered in China, including state-owned enterprises and private enterprises According to the policy, from September 1, the registered capital of domestic enterprises applying for import and export business qualification shall be reduced from no less than 5 million yuan (no less than 3 million yuan in the central and western regions) to no less than 1 million yuan (no less than 500000 yuan in the central and Western regions), and the original establishment time shall be cancelled Requirements of more than years; the registered capital requirements of production enterprises applying for self-supporting import and export business qualification are reduced from no less than 3 million yuan (no less than 2 million yuan in the central and western regions) to no less than 500000 yuan Gc9