_______________

Modes of supply: (1) Cross-border supply (2) Consumption abroad (3) Commercial presence (4) Presence of natural persons Sector or Sub-sector Limitations on Market Access Limitations on National Treatment Additional Commitments B.
Travel Agency
and
Tour Operator

(CPC 7471)
(
1) None

(
2) None

(
3) Foreign services supplier
s
who meet the following conditions are permitted to provide services in the form of joint venture travel agencies and tour operators in the holiday resorts designated by the Chinese government and in the cities of Beijing, Shanghai, Guangzhou and Xi
'
an upon accession
:

(a) a travel agency and tour operator mainly engaged in travel business;

(b)
Annual
world-wide
turnover exceeds US$ 40 million.

None within six years after accession, there will be no restriction on the establishment of branches of the
joint venture
travel agency/tour operator
and
the
requirement on registered capital of foreign-invested travel agency/tour operator will be the same as that of
Chinese travel agency/tour operator.
2Page 1

GATS/SC/135/Corr.