Civil Aviation Administration of China, Ministry of Commerce and National Development and Reform Commission, Supplementary Provisions for the «Provisions for Foreign Investment in Civil Aviation» (2

中国民用航空总局、商务部、国家发展和改革委员会《外商投资民用航空业规定》的补充规定(二)

January 31, 2007 | BY

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Greater market access for Hong Kong and Macao air transport sales agencies.

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Promulgated: January 4 2007
Effective: As of date of promulgation
Interpreting Authorities: Civil Aviation Administration of China, Ministry of Commerce and National Development and Reform Commission

Main Contents: Hong Kong and Macao air transport sales agencies qualified to be Hong Kong and Macao service providers shall be permitted to establish equity or cooperative joint ventures or wholly-owned air transport sales agencies in the mainland. The registered capital requirements will be identical as those placed on mainland enterprises (Article 1).