CNNews
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Implementation progress of RCEP
China’s customs has announced the detailed implementation rules and matters needing attention in declaration Measures of the Customs of the People’s Republic of China for the Administration of the Origin of Import and Export Goods under the Regional Comprehensive Economic Partnershi...Read more -
RCEP tariff concession arrangement
Eight countries adopted “unified tariff reduction”: Australia, New Zealand, Brunei, Cambodia, Laos, Malaysia, Myanmar and Singapore. That is, the same product originated from different parties under RCEP will be subject to the same tax rate when imported by the above parties; Seven ...Read more -
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...Read more -
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...Read more -
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...Read more -
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...Read more -
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...Read more -
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...Read more -
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...Read more -
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 ...Read more -
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 ...Read more -
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...Read more