China has set its 2007 import quota for sugar at 1.945 million tons.
Any company with a good customs, foreign exchange, tax and quality control record can apply for a share of the quota, but 70 percent will be reserved for state-owned companies.
To qualify, non-state-owned firms must have a daily output of over 600 tons, registered capital of more than 10 million yuan (1.25 million U.S. dollars) and annual sales of over 200 million yuan.
Source:佚名