Chinese customs to boost business environment for foreign trade, investment

Xinhua
China will further improve the business environment for foreign trade and foreign-funded enterprises, the General Administration of Customs said.
Xinhua

China will further improve the business environment for foreign trade and foreign-funded enterprises, the General Administration of Customs said.

The customs will provide targeted assistance in tax payment, credit management and customs clearance to meet demand and solve problems that enterprises face through online and offline platforms, GAC official Dang Yingjie told a press conference yesterday.

Customs clearance will become more efficient as officials work to promote the establishment of a scientific, reasonable and complete system of customs supervision, Dang said.

The GAC will also continue to reduce the overall customs clearance time for goods and minimize the impact of the COVID-19 pandemic, he said.

Paperwork for exports will be streamlined and the Authorized Economic Operator credit system optimized to make it more convenient for enterprises.

More will be done for tax and fee cuts. The GAC will cooperate with relevant departments to reduce import and export costs and lower charges for ports, docks and quarantine inspections, Dang added.

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