国别贸易投资环境报告英文版South+Africa.pdfVIP

Foreign Market Access Report 2010 South Africa 【Risk Warning 】 In 2009, South Africa issued a number of regulations on technical standards and product safety, including the Coffee Regulation Draft, the Proposal for Peremptory Norms of Single-ended Fluorescent Lights, Draft Amendment to Regulations Related to Bottled Water, and Convention on International Trade of Endangered Species of Wild Fauna and Flora (CITES). Relevant Chinese exporters should stay informed of the latest changes in its regulations and bring their technologies of production up to dated. In addition, the South African government has launched the compulsory scoring regulations known as “Balanced Scoring Card” to encourage black people’s involvement in economy. However, the complexity of the regulation leads to the uncertainty of its interpretation in enforcement. What’s more, the South African government refers to this act as well when making economic decisions, putting low-scored enterprises at a disadvantage in certain economic activities, particularly in government procurement. Chinese investors should be aware of their disadvantaged status and make positive changes in their investment plans. 1 An Overview of Bilateral Trade and Investment South Africa is Chinas largest trading partner in Africa. According to Chinese Customs statistics, the volume of bilateral trade between two countries totaled U.S.$ 16.06 billion in 2009, down by 10% over the previous year, among which China’s export to South Africa reached U.S.$ 7.37 billion, a decrease of 14.5%, whereas China’s imports from South Africa decreased 5.9% to U.S. $ 8.69 billion. China ran a deficit of U.S. $ 1.32 billion with South Africa