China: Customs developments (January-February 2016)

China: Customs developments (January-February 2016)

The KPMG member firm in China has prepared a report of trade and customs developments covering the period from January 2016 to February 2016. Among the topics discussed are the following items.

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  • A new circular promoting innovation and development of processing trade
  • Areas established in 12 pilot cities (including Tianjin) as experimental zones for cross-border e-commerce
  • Revisions of import and export tariff interpretations, effective 1 March 2016
  • Adjustment made to the catalogue of entry-exit goods to be inspected and quarantined by entry-exit inspection and quarantine authorities
  • New rules on tax collection and price assessment of imported aircraft
  • Notice on the policies for port duty-free shops
  • Change to the duty-free policy for Hainan-leaving passengers
  • Implementation of paperless customs clearance for goods under automatic import licenses
  • Certain dairy products originally produced in New Zealand, subject to special rate measures
  • Guidelines on restricting use of hazardous substances in electrical and electronic products

 

Read a March 2016 report prepared by the KPMG member firm in China

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