I intend to conclude an agreement concerning technology with a Chinese company or individual. Are there any restriction thereto or any formalities therefor?
Basically, Chinese laws and regulations concerning technology import and export divide the technologies to be imported or exported into three classes based mainly upon their impact to the national security and people’s health: (a) the technologies that are forbidden to be imported or exported, (b) the technologies of which the import or export is restricted; and (c) the technology that may be imported and exported freely. With regard to the scope of the first two kinds of technology, the Chinese government issues and periodically updates lists, which specify what technologies are not forbidden or restricted to be imported or exported. The technologies listed on these lists are of a very limited scope. The second kind of technology is regulated by permit. That means, if you want to import or export any technology of the second kind, the import permit or export permit shall be acquired beforehand. While you don’t have to acquire a permit to import or export any technology of the third ki
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