Chinese customs authorities adopt 16 measures to optimize business environment
Chinese customs authorities on Tuesday said they had launched 16 initiatives to optimize the country's business environment.
The measures will help stabilize social expectations further and boost confidence in foreign trade, according to a press briefing of the General Administration of Customs (GAC).
Efforts have been made to improve the efficiency of cross-border logistics, support the import of advanced technology equipment and special items, promote the import and export of important agricultural and food products, facilitate export tax rebates, enhance the upgrading of trade processing, and optimize the supervision of border trade, according to the GAC.
In 2022, it introduced 23 measures to stabilize foreign trade, providing solid support to bring the scale of China's foreign trade to a record high, according to GAC official Wu Haiping.
In its next step, the GAC will focus on the implementation of the 16 new initiatives, urge local customs offices to introduce supporting measures, devise targeted solutions for difficulties faced by enterprises, and strengthen the implementation of and feedback concerning the policies, Wu said.
Recommended Posts
-
Despite EU tariffs on electric vehicles, China is projected to remain the world’s top car exporter in 2025 with an estimated 5.58 million units shipped, up 14% year-on-year. Major automakers like SAIC are diversifying product lines to include hybrid models to counter trade barriers, while BYD and Chery dominate European and Southeast Asian markets. -
The U.S. Department of Commerce introduced a new tariff offset process allowing automakers to reduce Section 232 tariffs on imported parts based on their U.S. production volume. This initiative aims to boost domestic assembly capabilities while mitigating reliance on foreign manufacturing. Eligible manufacturers can apply for tariff reductions of 3.75% (2025–2026) or 2.5% (2026–2027) of their vehicles’ MSRP.
-
China aims to accelerate the industrialization of new materials like superconducting materials, graphene and liquid metal that are now considered critical to the development of high-tech industries, the country's top industry regulator said. The Ministry of Industry and Information Technology and the State-owned Assets Supervision and Administration Commission jointly released a list of important new materials whose industrialization will be advanced. These materials represent the direction of the development of the new materials industry, which is an important entry point for building new growth engines, the ministry and the commission said. They also called for their subordinate bodies to encourage enterprises to advance the industrialization of graphene in sectors like rail traffic, aerospace equipment, new energy and new-generation information technologies. Also, more e...
