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s Republic of China.Article 60 Staff and workers employed by joint ventures shall pay individual ine tax according to 。 if less than 6 months, the site use fee shall be exempted. During the contract period, if the rate of site use fee is adjusted, the joint venture shall pay it according to the new rate from the year of adjustment.Article 50 Joint ventures, in addition to obtaining site use right in accordance with this Chapter, may acquire site use right in accordance with relevant provisions of the State.Chapter VIII Purchasing and SellingArticle 51 A joint venture shall have the right to decide for itself to purchase required machinery and equipment, raw materials, fuels, accessories and fittings, means of transport and office equipment, etc (hereinafter referred to as materials) in China or from abroad.Article 52 The materials needed for office and daily use by a joint ventures can be purchased in China without any limit on quantity.Article 53 The Chinese Government encourages joint ventures to sell their products to the international market.Article 54 A joint venture has the right to export its products itself or entrust the saleagencies of the foreign party to the joint venture or the Chinese foreign trade corporations with sales on a mission or distribution.Article 55 Within the business scope 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 particulars 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 party to the joint venture has contributed as part of its capital contribution, import licenses can be applied for directly with the documents approved by the examination and approval 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 six months.Article 56 With respect to prices of materials to be purchased in China and fees charged for the supply of water, electricity, gas and heat and the services such as cargo transportation, labor, project designing, consulting and adverting, etc. shall enjoy equal treatment accorded to other domestic enterprises.Article 57 In the business intercourse between a joint venture and other Chinese economic organizations, the two parties shall undertake economic responsibilities and settle disputes in connection with their contract in accordance with relevant laws and the contract concluded between them.Article 58 A joint venture shall provide statistical data and submit statistical statements in accordance with the Statistics Law of the People39。s revenues from its business operations as site use fees to the local department in charge of land. Projects of a development nature in economically underdeveloped areas may receive special preferential treatment in respect of site use fees subject to the consent of the local people39。s requirements in respect of the infrastructure, and be filed with the MOFERT and the petent land authority for the record.Article 47 Joint ventures engaged in agriculture and animal husbandry may, subject to the consent of the people39。s products to display conspicuous social economic benefits domestically or to be petitive at the international market.Article 42 The right of the joint venture to do business independently shall be maintained when concluding such technology transfer agreements, and relevant documentations shall be provided by the technology exporting party with reference to the provisions of Article 29 of these Regulations.Article 43 The technology transfer agreements concluded by a joint venture shall be submitted to the examination and approval authorities for approval. Technology transfer agreements shall ply with the following stipulations:1. Fees for the use of technology shall be fair and reasonable. 2. Unless otherwise agreed upon by both parties, the technology exporting party shall not set any limit on the quantity, price or region of sale of the products that are to be exported by the technology importing party.3. The term for a technology transfer agreement is generally not longer than 10 years.4. Upon the expiry of a technology transfer agreement, the technology importing party shall have the right to continue to use the technology. 5. Conditions for mutual exchange of information on the improvement of technology by both parties to the technology transfer agreement shall be reciprocal.6. The technology importing party shall have the right to buy the equipment, parts and raw materials needed from sources which they deem suitable.7. No irrational restrictive clauses prohibited by Chinese laws and regulations shall be included.Chapter VII Site Use Right and Site Use FeesArticle 44 Joint ventures shall implement the principle of economizing on land in their use of sites. Any joint venture requiring the use of a site shall file an application with local departments of the municipal (county) government in charge of land and obtain the right to use a site after being approved and entering into a contract. The area, location, purpose and contract period and fee for the right to use a site (hereinafter referred to as site use fee), rights and obligations of the two contracting parties and penalty for breach of contract shall be stipulated explicitly in the contract.Article 45 If the Chinese party to a joint venture already has the right to use the site needed by the joint venture, it may contribute such right