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Topic: China Customs 20 Measures to Support Steady Foreign-Trade Growth
Time:10:30 AM (Fri) May 23, 2014
Special Guests:Li Kuiwen, Deputy Director General, GACC Department of Policy Research; Miao Yuexue, Deputy Director General, GACC Department of Customs Control and Inspection; Huang Guohua, Associate Counsel, GACC Department of Statistics
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China Customs 20 Measures to Support Steady Foreign-Trade Growth
[Li Kuiwen]: Ok. To optimize tax levy and management, we are promoting the centralization of pilot sites for tax levying. If an enterprise provides effective bond for its cargos, the Customs can inspect and release cargos right after confirming its declaration form is true and allow the importer to pay off taxes in a prescribed period. This measure will dramatically relieve the cash flow pressure for enterprises. 05/23/2014 11:06:37
[Li Kuiwen]: Till the end of April in 2014, we have already implemented the reform of centralizing tax levying in 10 pilot customs sites. So far, a total of 36 large-scale enterprises have registered for this new levying model. Next, after summarizing and evaluating the current implementation, we will gradually expand the application scope of this measure and facilitate the tax payment of more credible enterprises. 05/23/2014 11:07:33
[Wang Hua]: Cross-border e-commerce has become the new trend for international trade. Mr. Li, would you like to introduce some of supporting measures in this regard by the Customs? 05/23/2014 11:08:12
[Li Kuiwen]: Sure. To achieve a commanding height in international trade, a vital means for us is to support new trade platforms represented by cross-border e-commerce. Anyone interested in this regard can pay more attention to related measures by Customs. We are focusing on R&D of a standard version of export clearance management system for cross-border e-commerce and striving for adopting the new system as soon as the end of June. For enterprises in e-commerce, this system will facilitate their clearance, tax refund and exchange settlement in all ports of China. As for importing, GACC is stepping up researches on relevant policies and will put forward polices as soon as possible. 05/23/2014 11:08:25
[Li Kuiwen]: At the same time, enterprises with integrated foreign trade services have combined the forces of a rapidly growing number of foreign trade entities to a great extent. It is good for small and medium enterprises to cooperate with each other for market exploration and for responsible departments to achieve intensive management. Therefore, the Customs will support the development of enterprises offering integrated foreign trade services indifferent aspects, including enterprise management, enterprise categorization and data networking. 05/23/2014 11:08:58
[Wang Hua]: Well, thanks for the explanation by our guests. Time is limited, so next let’s start the question and answer session. 05/23/2014 11:10:12
[Netizen]: Would you tell us some information about the import and export of this May? Or can you share your prediction of it? 05/23/2014 10:20:52
[Huang Guohua]: OK. From this April, the General Administration of Customs has begun releasing the leading index for export. It can help forecast the trend of export in the coming 2 and 3 months. The leading export index for this April was 41.9, up by 0.2 on a month-on-month basis after a month-on-month growth of 0.4 in March; and this suggests the export of China will turn better in May. 05/23/2014 11:10:44
[Netizen]: Are the measures by GACC this time also a part of the policies to stimulate the economy? 05/23/2014 10:22:22
[Li Kuiwen]: Yes. Ensuring the stable growth of foreign trade is vital for us to achieve the economic growth target set for this year. The supporting measures announced by GACC this time demonstrate our implementation of “Several Opinions on Promoting the Steady Growth of Foreign Trade” by the General Office of the State Council, and are the detailed interpretation of policies about customs service in the document. 05/23/2014 11:11:26


General Administration of Customs of the People's Republic of China

Address: No.6. Jianguomennei Avenue, Dongcheng District, Beijing, China        Postcode: 100730