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China Customs Advance Rulings for Foreign-Invested Enterprises: Locking In Classification, Origin and Valuation Before Shipment

An advance ruling lets an importer fix classification, origin and valuation with Customs before the goods actually move, under GACC Order No. 236, effective 1 February 2018. 依据海关总署令第236号(2018年2月1日起施行),预裁定允许进口人在货物实际进出口前,就商品归类、原产地与完税价格要素与海关事先确定。 Only four categories are rulable — classification, origin or originating qualification, dutiable-value … China Customs Advance Rulings for Foreign-Invested Enterprises: Locking In Classification, Origin and Valuation Before ShipmentRead more

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Comprehensive Bonded Zones (CBZ): Building Bonded Supply Chains, Deferred Tax and a Global Distribution Hub

A Comprehensive Bonded Zone is a fenced, customs-supervised enclave where imported goods stay duty- and VAT-deferred until they leave for the domestic market.综合保税区是封闭式海关监管区域,境外货物入区后关税与进口环节增值税暂缓缴纳,直至销往国内市场时才完税。 CBZs consolidate twelve statutory functions—processing, R&D, storage, transit, display, cross-border e-commerce and more—under one bonded roof.综合保税区在单一保税框架内集成十二项法定功能,涵盖加工、研发、仓储、中转、展示、跨境电商等。 The … Comprehensive Bonded Zones (CBZ): Building Bonded Supply Chains, Deferred Tax and a Global Distribution HubRead more

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China’s RCEP Benefits for Foreign Investors

RCEP is the world’s largest FTA by GDP (~30% of global GDP and population) and entered into force for China on 1 January 2022. RCEP是按GDP计全球最大的自由贸易协定(约占全球GDP与人口30%),于2022年1月1日对中国生效。 China’s average tariff liberalization toward RCEP members is about 88.5% (90.5% toward ASEAN), with a … China’s RCEP Benefits for Foreign InvestorsRead more

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RCEP Cumulation and Origin Documentation: A Supply-Chain Playbook for Foreign-Invested Firms

RCEP’s full regional cumulation lets materials originating in any of the 15 member economies be treated as originating in the processing party, so a foreign-invested supply chain can meet the origin threshold by combining regional content. RCEP 全区域累积允许任一成员方的原产材料被视为加工方的原产材料,外资企业供应链可通过组合区域成分满足原产地门槛。 The core … RCEP Cumulation and Origin Documentation: A Supply-Chain Playbook for Foreign-Invested FirmsRead more

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RCEP Customs Procedures and Trade Facilitation: Practical Use of Release Time Limits, Advance Rulings, and AEO for Importers

RCEP Chapter 4 binds members to release ordinary goods within 48 hours and, where possible, perishables, express and air cargo within 6 hours of arrival. RCEP 第四章约束各成员方在 48 小时内放行普通货物,并力争在货物抵达后 6 小时内放行易腐货物、快件与空运货物。 Advance rulings on origin, tariff classification and customs valuation … RCEP Customs Procedures and Trade Facilitation: Practical Use of Release Time Limits, Advance Rulings, and AEO for ImportersRead more

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RCEP beyond tariffs: services commitments, investment negative lists and natural-person mobility

RCEP services commitments run on two tracks: seven of the fifteen members scheduled on a negative list, while China and the other seven used a positive list and must convert within six years of entry into force. RCEP服务贸易承诺采用两种模式并行:15个成员中7个以负面清单方式承诺,中国等其余8个成员采用正面清单,并须在协定生效后6年内转化为负面清单。 China’s services … RCEP beyond tariffs: services commitments, investment negative lists and natural-person mobilityRead more

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RCEP Rules of Origin and Authorised Exporters: capturing tariff preferences through certificates and back-to-back proofs

RCEP entered into force on 1 January 2022; China implemented its rules of origin domestically through GACC Order No. 255, the Measures for the Administration of Origin of Import and Export Goods under RCEP. RCEP 于 2022 年 1 月 … RCEP Rules of Origin and Authorised Exporters: capturing tariff preferences through certificates and back-to-back proofsRead more