News

  • Malaysian economy to benefit greatly from RCEP

    Malaysian Prime Minister Abdullah said in a speech at the opening of a new session of the National Assembly on the 28th that the Malaysian economy will benefit greatly from RCEP. Malaysia has previously formally ratified the Regional Comprehensive Economic Partnership (RCEP), which will come into...
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  • Analysis of new CIQ policies in January

    Category Announcement No. Comments Animal and Plant Product Supervision Announcement No.3 of the General Administration of Customs in 2022 Announcement on quarantine  requirements  for imported stevia rebaudiana plants from  Rwanda.  From January 7th, 2022, Rwanda stevia rebaudiana whi...
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  • Summary of emergency preventive measures in Januar

    Country Name of Overseas Enterprises Emergency preventive measures Vietnam Aquatic product production enterprise TAM PHUONG NAM SEAFOOD JOINT STOCK COMPANY (TPN SEAFOOD) As Covid-19 nucleic acid was  positive in two outer packaging samples of a batch of frozen golden thread minced fi...
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  • Further Promotion and Optimization of Free Trade Agreements

    Announcement No.107 of General Administration of Customs, 2021 ● It will be implemented on January 1st, 2022. ● Since China and Cambodia formally established diplomatic relations in 1958, bilateral trade between China and Cambodia has developed steadily and exchanges and cooperation have deepened...
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  • Interpretation and comparison of management measures of comprehensive bonded areas

    Further optimize the industrial structure in the comprehensive bonded area. Optimize and expand the business scope of production and  operation of enterprises in  the comprehensive bonded zone, and support the development of new formats and  models such as bonded maintenance, financial leasing, c...
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  • New progress in mutual recognition of AEO (2)—Customs side

    Announcement No.6 of General Administration of Customs in 2022 ● It will be implemented on January 26th, 2022. ● China-Uruguay Customs “Certified Operator” ● (AEO) reach mutual recognition Convenience measures ● Low rate of document audit is applicable. ● Reduce the inspection rate of...
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  • New progress in mutual recognition of AEO

    China-Chile In March 2021, the Customs of China and Chile formally signed the Arrangement between the General Administration of Customs of the People’s Republic of China and the  Customs Administration of  the Republic  of  Chile  on  Mutual  Recognition between  the Credit Management Syste...
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  • Brazil’s Coffee Exports Reach 40.4 Million Bags in 2021 with China as 2nd Largest Buyer

    A report recently released by the Brazilian Coffee Exporters Association (Cecafé) shows that in 2021, Brazil exports 40.4 million bags of coffee (60 kg/bag) in total, decreased by 9.7% y/y. But the exports amount totaled US $6.242 billion. Industry insider stresses that coffee consumption has con...
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  • China’s Gold Consumption Sees Surge in 2021

    China’s gold consumption surged more than 36 percent year-on-year last year to around 1,121 metric tons, an industry report said on Thursday. Compared with the pre-COVID 2019 level, domestic gold consumption last year was some 12 percent higher. Consumption of gold jewelry in China rose 45 ...
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  • China to Implement RCEP Tariffs on ROK Goods from Feb. 1

    Starting from Feb 1, China will adopt the tariff rate it has pledged under the Regional Comprehensive Economic Partnership (RCEP) agreement on selected imports from the Republic of Korea. The move will come on the same day as the RCEP deal comes into force for the ROK. The ROK has recently deposi...
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  • Russian Wine Exports to China Up 6.5% in 2021

    Russian media reports, data from the Russian Agricultural Export Center shows that in 2021, Russia’s wine exports to China increased by 6.5% y/y to US $1.2 million. In 2021, Russian wine exports totaled $13 million, an increase of 38% compared to 2020. Last year, Russian wines were sold to more t...
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  • 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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