Iron ore import licensing to be scrapped
By Du Juan | China Daily | Updated: 2013-06-15 07:56
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Imported iron ore at Nantong port, Jiangsu province, on May 5. China will abandon the old iron ore import licensing system in July to further open up the market. Xu Congjun / for China Daily |
China is to abandon its old iron ore import licensing system in July in an effort to further open up the market, a move that will bring more business opportunities to foreign producers and traders, according to a leading industry insider on Friday.
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