HONG KONG: Forwarders can now operate privately in China

Hong Kong and Macau based airfreightforwarders have been givenapproval to set up jointly-owned orprivately-run businesses on mainlandChina since the end of January, accordingto Logistics Week, citing the ChinaAir Transport Association (CATA). CATA, which is responsible forexamining applications, said over 20companies have so far applied to jointhe scheme. Under the guidelines setout by CATA, sales agencies […]


Hong Kong and Macau based airfreightforwarders have been givenapproval to set up jointly-owned orprivately-run businesses on mainlandChina since the end of January, accordingto Logistics Week, citing the ChinaAir Transport Association (CATA).

CATA, which is responsible forexamining applications, said over 20companies have so far applied to jointhe scheme. Under the guidelines setout by CATA, sales agencies representingHong Kong and Macau lines arerequired to have a registered capital ofat least 1.5 million yuan (US$193,374),compared to 500,000 yuan for domesticlines.