BIZCHINA / Transportation
WTO Commitments
Updated: 2006-04-18 16:48
Travel Agency Sector's WTO Commitments
1.Limitations on market access
Foreign services suppliers who meet the following conditions are
permitted to provide services in the form of joint venture travel
agencies and tour operators in the holiday resorts designated by the
Chinese government and in the cities of Beijing, Shanghai, Guangzhou and
Xi'an upon accession:
1). A travel agency and tour operator mainly engaged in travel business
2). Annual worldwide turnover exceeds US$ 40 million. The registered
capital of joint venture travel agency/tour operator shall be no less
than 4 million yuan. Within three years after China's accession, the
registered capital shall be no less than 2.5 million yuan. Within three
years after accession foreign majority ownership will be permitted.
Within six years after accession, wholly foreign-owned subsidiaries will
be permitted and geographic restrictions will be removed.
2. The business scope of the travel agency/ tour operator is as follows:
1).Travel and hotel accommodation services for foreign travelers which
can be made directly with transportation and hotel operators in China
covering such operations;
2).Travel services and hotel accommodation services for domestic
travelers which can be made directly with transportation and hotel
operators in China covering such operations;
3). Conducting of tours within China for both domestic and foreign
travelers;
4).Travelers check cashing services within China.
Within six years after accession, there will be no restriction on the
establishment of branches of the joint venture travel agency/tour
operator and the requirement on registered capital of foreign-invested
travel agency/tour operator will be the same as that of Chinese travel
agency/tour operator.
3. Limitations on national treatment
None joint ventures or wholly-owned travel agencies and tour operators
are permitted to engage in the activities of Chinese traveling abroad and
to Hong Kong SAR, Macao SAR and Chinese Taipei.
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