A report compiled by the EU Chamber of Commerce has listed many non-tariff barriers that still obstruct imports into China, South China Morning Post said. Among the barriers that members of the chamber had experienced were the requirement that all auto parts be tested in China; the requirement for safety certification of imported cosmetics by both the health ministry and the State Administration for Quality Supervision and Inspection and Quarantine; and the imposition of the requirement of an 8 per cent capital adequacy level on each branch of a foreign bank, rather than for the whole group.
In addition, the report said that the penalties for counterfeiting were not high enough to adequately protect intellectual property.
Out of 100,000 offenders who were fined in 2001, only 172 were fined more than Yn100,000. As a result, the report said, counterfeiting is still common.
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