EXPORT

China is the latest country to sign up to an international initiative founded by Singapore and New Zealand, which aims to maintain trade and supply chain connectivity amid the ongoing challenge of the coronavirus outbreak. More

The General Office of the Ministry of Commerce said on 12 May that customs clearance facilitation measures have recently been suspended in cities like Yiwu for the export of epidemic prevention supplies through “market procurement trade” scheme, which is a simplified channel for customs clearance of small batches of goods. More

According to the Announcement on Raising the Export VAT Refund Rates for Some Products (Announcement No. 15 [2020]) recently issued by the Ministry of Finance and the State Taxation Administration, with effect from 20 March 2020, export VAT refund rates for 1,084 types of products, including porcelain sanitary ware, metal products, gemstone and chemicals, were increased to 13%, and the refund rates for another 380 types of products, including plant growth regulators... More

As of 1 January 2020, China has updated its list of goods subject to import licensing. More