China Tax Alert - Issue 9, May 2015
Recently, Tianjin Customs announced 18 new supervisory rules to facilitate foreign trade in the China (Tianjin) Pilot Free Trade Zone (Tianjin FTZ). The 18 new supervisory rules have different functions, which can be categorized as playing the leading and radiation role, promoting trade facilitation, supporting the development of new types of business and cultivating the legal environment. These rules will bring a positive impact on the various import and export enterprises and become a powerful driving force for Tianjin FTZ. We will analysis and interpret these rules to assist the import and export clients.