EXPORT

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

China’s Ministry of Commerce recently issued its 2020 Directory of Import and Export Licence Issuing Administrations (MOFCOM Announcement No. 71 [2019]). More

Mexico’s Ministry of Economy unveiled earlier this month a new national industrial policy at the first business meeting for the integration of productive chains held in Queretaro. Undersecretary of Trade and Industry Ernesto Acevedo noted that this new policy aims to increase the domestic content of Mexican exports in order to promote a diversified, innovative and inclusive industry that strengthens the domestic market. More