News

  • RCEP tariff concession arrangement

    RCEP exceeds the original bilateral FTA products Country Main Products Indonesia Processing aquatic products, tobacco, salt, kerosene, carbon, chemicals, cosmetics, explosives, films , herbicides, disinfectants , industrial adhesives, chemical by-products, plastics and their products, ru...
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  • Implementation progress of RCEP

    RCEP will come into effect in Korea on February 1st next year On December 6th, according to the Ministry of Industry, Trade and Resources of  the    Republic of Korea, the Regional Comprehensive Economic Partnership Agreement (RCEP)  will officially come into force for South Korea on February 1st...
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  • China’s Gold Consumption Soared with Increasing Spending Power of Younger Generations

    Gold consumption in the Chinese market continued to rebound in 2021. According to the latest data released by China’s Statistics Bureau, from Jan. to Nov. the consumption of jewelries with gold, silver and gem enjoyed the biggest growth among all the major commodity categories. The total retail s...
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  • Summary of new CIQ policies in November (2)

    Category Announcement No. Comments Supervision of animal and plant products Announcement No.82 of the General Administration of Customs in 2021 Announcement   on  quarantine  and hygiene  requirements of  imported  Irish  breeding  pigs.  From October  18th,  2021 , Irish  breeding  pi...
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  • Summary of new CIQ policies in November

    Category Announcement No. Comments Supervision of animal and plant products Announcement No.90 of the General Administration of Custom in 2021 Announcement on quarantine  requirements  of imported fresh  passion  fruit  plants  in  Laos. From November 5th, 2021, the imported  fresh passi...
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  • Summary of emergency preventive measures taken by the General Administration of Customs to overseas enterprises in November

    Country Overseas Manufactures Specific Notice Myanmar Manufacturing enterprise TWO RIVERS COMPANY LIMITED As  Covid-19  nucleic  acid was  positive in two  outer  packaging samples of a batch of frozen eel  imported from Myanmar , according  to  the  provisions of  Announcement  No.103...
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  • US Retaliatory Tariff Increase

    The United States imposed a Time Limit on the Recovery of 99 Commodities: 81 items of goods: USTR of the United States further excludes the additional levy, and the deadline for excluding the additional levy will be May 31st, 2022. Basis: Clause 9903.88.66 of the United States 18 items: USTR of t...
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  • Announcement of relevant duty-free list

    Tariff 【2021】No.44 Notice of the General  Administration  of  Customs  and the  General Administration of Taxation of the Ministry of Finance on the duty-free list  of  imported  scientific  research, scientific  and  technological development  and teaching supplies during the  14th  Five-Year ...
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  • Background of RCEP

    On November 15th, 2020, the RCEP Agreement was officially signed, marking the successful launch of the largest and most influential free trade agreement in the world. On November 2ndm 2021, it was learned that six ASEAN members, namely Brunel, Cambodia, Laos, Singapore, Thailand and Vietnam, and ...
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  • Benefiting from “Stay-at-Home Economy” China’s Exports of Massage & Healthcare Appliances Grow Significantly

    During pandemic the global “stay-at-home economy” is developing rapidly. According to the statistics of the China Chamber of Commerce for Import and Export of Medicines and Health Products, from Jan. to Aug. 2021, China’s export volume of massage and health appliances (HS code 9019101...
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  • Frozen fruits from Central and Eastern Europe to Exported into China from Feb. 1, 2022

    According to newly released announcement by China’s Customs authority, starting from Feb. 1, 2022, imports of frozen fruits from Central and Eastern European countries that meet the requirements of inspection and quarantine will be allowed. Until now, only five types of frozen fruits including fr...
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  • Announcement No.79 of the General Administration of Customs in 2021

    Announcement: In 2013, in order to implement the gold import tax policy, the General Administration of Customs issued Announcement No. 16 in 2013, which clearly adjusted the gold ore standard in Announcement No.29 of the General Administration of Customs in 2003 to the gold concentrate standard ...
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