GACC launches regional customs clearance integration reform for Yangtze Delta Region

25/09/2014

In its 2014 No.65 Announcement, the General Administration of Customs (GACC) launches the regional customs clearance integration throughout China’s Yangtze River Economic Zone with the goal of simplifying customs procedures and reducing trade cost. The integration will be first enabled in the Customs Districts of Shanghai, Nanjing, Hangzhou, Ningbo and Hefei and later will be expanded to the entire ordered Yangtze River economic belt. GACC has established similar integration regimes in Guangdong Region and the Beijing-Tianjin-Hebei Region.

After the implementation of this system, companies registered at Yangtze delta region could choose the Customs office for declaration based on its commercial needs. This new system allows “declaration at local customs, inspection and release at port”, through which companies in the neighboring provinces could go through Customs procedures at their localities in advance and co-currently realize the benefits of successful cross-region Customs Clearance.

According to GACC’s spokesman the new system would reduce companies’ trade cost at 20% to 30%. Companies should reasonably design and allocate their logistic resources based on actual trade needs, as to achieve the coherence of process optimization and customs compliance in import and export.

(Source: http://www.customs.gov.cn)


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