WORLD TRADE  
ORGANIZATION  S/DCS/W/CHN/Corr.1 
1 March 2005 
 (05-0848) 
Trade in Services  
 
 
  
THE PEOPLE'S REPUBLIC OF CHINA
 
 
Draft consolidated Schedule of Specific Commitments1 
 
Corrigendum  
  
The delegation of China has notified an omis sion in its draft consolidated Schedule of 
Specific Commitments, document S/DCS/W/CHN, concerning the entry on "B. Travel Agency and 
Tour Operator (CPC 7471)" on pages 39-40.    The following text is added at the end of the scheduled limitations to market access, under 
Mode 3:  "Chinese travel agency/tour operator."    
 The relevant pages of the document afte r correction are attached for reference. 
 
  
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1 This document has been prepared, in English only,  under the Secretariat's own responsibility and without 
prejudice to the positions of Members and to th eir rights and obligations under the WTO.  
  S/DCS/W/CHN/Corr.1
 Page 3 
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 Limi tations on  National Treatm ent Additional Commitments 
B. Travel Agency and Tour 
Operator 
 (CPC 7471)  (1) None 
(2) None 
(3) Foreign services suppliers 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. 
 (1) None 
(2) None 
(3) None except that joint ventures or wholly-
owned travel agencies and tour operators are 
not permitted to engage in the activities of 
Chinese travelling abroad and to Hong Kong 
China, Macao China and Chinese Taipei. 
  
  The registered capital of joint venture travel 
agency/tour operator shall be no less than RMB 4 million.  
 Within three years after China's accession, 
the registered capital shall be no less than 
RMB 2.5 million.  Within three years after 
accession foreign majority ownership will be permitted. 
 
 Within six years after accession, wholly 
foreign-owned subsidiaries will be permitted 
and geographic restrictions will be removed.  
The business scope of the travel agency/ tour operator is as follows: 
  
  
 
 
 
  
 
  
 (a) travel and hotel acco mmodation services for 
foreign travellers which can be made directly 
with transportation and hotel operators in 
China covering such operations;    
 S/DCS/W/CHN/Corr.1 
Page 4 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 Limi tations on  National Treatm ent Additional Commitments 
 (b)  travel services and hotel accommodation 
services for domestic travellers which can be made directly with tr ansportation and hotel 
operators in China covering such operations;  
(c)  conducting of tours within China for both 
domestic and foreign travellers, and  
(d)  travellers check cashing services within 
China.   
 
 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. 
   
 (4) Unbound, except as indicated in   
horizontal commitments. 
 (4) Unbound, except as i ndicated in  horizontal 
commitments.  
 
 
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