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Authorized
by the government, CCCMC started in 1994 to call for bids on export
commodity quotas and to offer coordination service to the export of the
bidding commodities.
CCCMC studies policies related to the quota bidding, coordinates exports
of the bidding commodities bidding, organizes bidding for the export
commodity quotas, runs daily management of the quotas, such as charging
the bid winning fee, distributing license certificates, handling quota
transfers, and conducting services aiming to promote export of the bidding
commodities.
Currently
the bidding commcdities under CCCMC's
management
include magnesia, fluorspar, talc, and silicon carbide. Commodities quotas
of which ask for usage with compensation are alumina and artificial
corundum.
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