Chinese Customs Moves Again to Boost Trade Growth

The General Administration of Customs (GAC) has rolled out a number of new measures to boost the stable growth and transformation and upgrade of China's foreign trade.

Since the start of the year, China’s imports and exports have both registered year-on-year fall. After collecting the views of enterprises on trade policy and how customs can help, GAC has issued the Measures to Further Promote the Steady Growth of Foreign Trade, aiming to translate the State Council policies involving the work of customs into more specific, actionable tasks.

The 18 measures are mainly in four aspects:

First, to further improve supervision over customs clearance, including speeding up the launch of a single window for international trade, promoting port information sharing mechanisms, improving mechanisms for conducting supervision over inspections, and promoting additional duty-free shops in port of entry;

Second, to further promote the innovation and development of processing trade, including innovation and replication of customs supervision system tried and tested in pilot free trade zones;

Third, to further clean up and regulate the levy of import and export fees, including easing the access restrictions of the e-port quickpass system, regulating cargo manifest electronic transmission charges, and lowering customs transit fees for regulated vehicles;

Fourth, to further improve the work on customs statistics, crackdown on smuggling, and international cooperation.

For further information in Chinese, please see:

http://www.customs.gov.cn/publish/portal0/tab49564/info779296.htm