国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Global EditionASIA 中文雙語Fran?ais
Latest News

China issues over 1,600 force majeure slips to coronavirus-hit companies

Xinhua | Updated: 2020-02-17 14:55
Share
Share - WeChat
China has issued more than 1,600 force majeure certificates to shield companies from legal damages arising from the novel coronavirus disease (COVID-19) outbreak. [Photo/Sipa]

BEIJING -- China has issued more than 1,600 force majeure certificates to shield companies from legal damages arising from the novel coronavirus disease (COVID-19) outbreak.

The China Council for the Promotion of International Trade (CCPIT) has issued 1,615 certificates by last Friday for companies involving over 30 sectors, covering a total contract value of 109.9 billion yuan (about $15.7 billion), said the CCPIT.

The certificate exonerates companies from not performing or partially performing contractual duties by proving they are suffering from circumstances beyond their control.

The COVID-19 epidemic has delayed production for some companies as quarantine measures held back many workers from returning to their posts.

Some firms have presented the certificate to their clients and agreed on a later date to fulfill orders without facing legal liabilities, said the CCPIT.

A manufacturing company in eastern China's Zhejiang province was the first to obtain the certificate on Feb 2 to excuse itself from breaching a 2.4-million-yuan overseas order that could incur 30 million yuan of compensation.

The CCPIT's force majeure certificates are recognized by governments, customs, trade associations and enterprises of more than 200 countries and regions, it said.

To minimize losses for foreign trade companies amid the outbreak, especially from contractual breaches, the Ministry of Commerce has instructed six trade associations in sectors like textile, mining, machinery and healthcare to help with legal counseling and applying for force majeure certificates.

Chinese authorities have also urged local officials to help foreign-funded companies with work resumption and operation, with eastern China's Shandong province rolling out a raft of measures like tax relief and deferring social insurance payments.

Today's Top News

Editor's picks

Most Viewed

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
探索| 石林| 桑日县| 宁夏| 广宁县| 闽侯县| 清徐县| 都匀市| 江门市| 阳泉市| 武隆县| 商都县| 东乡| 陕西省| 奉化市| 庆阳市| 全南县| 安西县| 德化县| 河北省| 常宁市| 平安县| 寻乌县| 广安市| 锡林郭勒盟| 磐安县| 南江县| 贺兰县| 锡林浩特市| 琼海市| 禄劝| 霍林郭勒市| 靖西县| 达日县| 阿拉善盟| 社旗县| 汉阴县| 平陆县| 乌兰察布市| 桐柏县| 襄樊市|