Article 59 The materials needed for office and daily use for joint ventures can be purchased in China without quantity restrictions. Article 60 The Chinese Government encourages joint ventures to sell their products on the international market. 0 V. D! F- t/ @ Article 61 Products of joint ventures that are urgently needed or to be imported by China can be mainly sold on the Chinese market. 4 f" p) w6 a" \, [. S/ |" T( Z Article 62 A joint venture has the right to export its products itself or entrust the sale-agencies of the foreign joint venturer or Chinese foreign trade corporations with sales on a commission or distribution.% F2 |8 C) N1 m: ^2 x. ?/ G2 N
Article 63 Within the scope of business stipulated in the contract, a joint venture may import machinery, equipment, parts, raw materials and fuel needed for its production. A joint venture shall make a plan every year for items on which import licenses are required by the stipulation of the State, and apply for them every 6 months. For machines, equipment and other objects a foreign joint venturer has contributed as part of its investment, import licenses can be applied for directly with the documents approved by the examining and approving authorities. For materials the import of which is beyond the stipulated scope of the contract, separate applications for import licenses according to State regulations are required. A joint venture has the right to export its products by itself, whereas for those products which require export licenses under the stipulation of the State, the joint venture shall make an export plan every business year and apply for the needed licenses every 6 months. + Z( q; S) p, R% O Article 64 A joint venture may sell its products on the Chinese market in the following ways:' U w1 n/ q7 z; O
(1) For those items under planned distribution, the departments in charge of joint ventures will bring them into the distribution plan of the materials administration departments, which sell them to designated users according to plan. & l2 \1 p. n2 n/ {: c$ x s. [ (2) For those items handled by materials and commercial departments, the materials and commercial departments will place orders with the joint ventures. ; W! R w1 W- X- t (3) For the excess of those purchased by plan of the above two categories, the joint venture has the right to sell them by itself or entrust sales to the relevant units.) I% ?) v( ~( [% X2 g# C; b+ Q6 \
(4) For products of a joint venture that Chinese foreign trade companies need to import, the joint venture may sell them to these trade companies and shall be paid in foreign currency.