In accordance with Interim Measures for the Administration of Import Tariff Quotas of Agricultural Products (Order No.4 of 2003 of the Ministry of Commerce and National Development and Reform Commission), the Ministry of Commerce formulated the Detailed Rules for Implementation of Administration of Import Tariff Quotas for Wool and Tops in 2013 and it is hereby announced as follows:
The total import tariff quotas for wool are 287,000 tons in 2013, and the total import tariff quotas for tops are 80,000 tons.
The allocation policy of first-come and first-serve is implemented in terms of the import tariff quotas for wool and tops in 2013. The applicants may apply for the import tariff quotas for wool and tops (including processing trade) by the submission of import contracts of wool and tops and relevant documents.
The authorized organization of the Ministry of Commerce will issue Certificate of Import Tariff Quotas for Agricultural Products to the qualified applicants. When the accumulative quotas issued reach the total import tariff quotas for wool and tops in 2013, the above-mentioned organization will cease accepting applications.
Source:
http://www.fibre2fashion.com/news/textile-news/newsdetails.aspx?news_id=117067
