These Measures, consisting of 19 Articles, are formulated in accordance with the Foreign Trade Law of the People's Republic of China and the Regulation of the People's Republic of China on the Administration of Import and Export of Goods, aiming at regulating coal export, guaranteeing the compliance of the administration of quotas for coal export with the principles of efficiency, impartiality, publicity and transparency, and maintaining the normal order of coal export. The State Development and Reform Commission (SDRC) shall be responsible for determining the total quantity of quotas for coal export of the whole country and the distribution thereof (art.2). The following factors shall be taken into account when determining the total volume of quotas for coal export: (1) Guaranty of the State's economic safety; (2) Rational utilization of coal resources; (3) Conformity with the development planning, targets and polices of the State in respect of the relevant industries; and (4) Supplies and demands in the international and domestic markets. An export enterprise that has obtained the state-run trade right for coal export may apply for quotas for coal export. The Text further provides for distribution, adjustment and administration of quotas for coal export, and legal liabilities.
China · 2004-07-01