综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)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
宁安市| 嘉禾县| 潼南县| 安义县| 拜泉县| 林芝县| 邢台市| 保靖县| 镇巴县| 巴彦淖尔市| 哈巴河县| 凌海市| 望江县| 南岸区| 若尔盖县| 车致| 呼图壁县| 新竹市| 惠州市| 泗洪县| 屏东市| 北流市| 彭山县| 东明县| 民乐县| 辽阳县| 钟山县| 西乡县| 伊金霍洛旗| 辉南县| 茂名市| 扎囊县| 库车县| 托克托县| 新安县| 漳浦县| 五台县| 德庆县| 图木舒克市| 瑞丽市| 广平县|