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Chinese Customs efforts to boost foreign trade in 2016

byCT Report
25/12/2015
in Latest News
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BEIJING: Yu Guangzhou, head of the General Administration of Customs of China speaks at a briefing held by the China’s State Council Information Office in Beijing.

Chinese customs officials say China’s export share in the global market is increasing despite a growth slow down.

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And reforms will be stepped up in the new year, while efforts to crack down on smuggling will be increased as well.

Yu Guangzhou, head of the General Administration of Customs of China, says China’s export growth is faster than other major world economies and emerging economies, though the growth rate of the exports is slowing down.

“First, the total volume of our import and export ranks the first in the world Our exports has especially advantages. Second, our market share in the global market is increasing. Third, new businesses including the cross-border e-commerce , tourism shopping and market purchases are growing. The number of parcels of both import and export has seen an obvious increase in the past year. Finally, the quality of import and export has enhanced. We have improved the method the main body and the structure for trade. The export from general trade and the private businesses have both increased 2.2 percent. High technology products related to telecommunications and aerospace have seen and increase in market share.”

Figuress from China’s Ministry of Commerce also that new business models flourished. Cross-border e-commerce exports grew at a rate of over 30 percent, driving small- and middle-sized companies to sell their product aboard.

Yu says efforts to crack down on smuggling will continue in 2016.

“China will maintain its firm stance in cracking down on smuggling, in order to safeguard national security. China has carried out ‘five main battles’ against smuggling, targeting agricultural products, major tax-related commodities, drugs, guns, endangered animals and plants, and ‘overseas waste.’ From January to November this year, customs departments across China discovered over two thousand smuggling cases, including more than 11-hundred criminal cases. The total value of these cases was more than 40 billion yuan, including tax evasion of nearly nine billion yuan.”

Yu says China will deepen reforms in the area of customs clearance, to facilitate foreign trade growth and restructuring.

“We will promote the reform on integrated customs clearance. In July, customs agencies accomplished full coverage and joint cooperation between districts. Companies can independently decide to declare to customs and pay the tax, greatly shortening clearance times across districts and reducing costs. It is estimated that handling fees have been cut in half, while logistics fees have been cut by one-quarter.”

The official says new policy measures have supported pilot free trade zones across China, and such efforts are to be enhanced in 2016.

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