021-50368000
2022
Compilation of Import Export Policies of April 2022
Import and Export Trade Statistics:
In April 2022, Chinas total exports and imports decreased 1.7% from March to 496.12 billion U.S. dollars, but were still up 2.1% from a year earlier. Exports were 273.62 billion U.S. dollars, down 0.9% from March, but up 3.9% compared with last April. Imports were 222.5 billion U.S. dollars, a 2.8% decline from March, almost unchanged compared with a year earlier. The trade surplus reached 51.12 billion U.S. dollars in April, totaling 212.93 billion U.S. dollars from January to April.
China imported 554.67 and exported 984.19 billion yuan in mechanical and electrical products in April. The imports from January to April declined 0.4% to 2.2 trillion yuan from a year earlier, while the exports in the same period increased 6.7% to 4 trillion yuan from a year earlier. In particular, 45.76 (22.28) billion units of integrated circuits, worth 221.74 (75.68) billion yuan, were imported (exported) in April, resulting in 903.76 (321.66) billion yuan of total imports (exports) from January to April, up 10% compared to the same period last year. Imports of medical devices were 6.58 (9.2) billion yuan in April. Thus, the total imports thereof in the first four months of 2022 reached 28.6 (38) billion yuan, down 7.7% (down 0.7%) from a year earlier.
The cov19 in Shanghai has been going on for a long time, but everyone is sticking to their jobs, and many front line employees are fighting on the front line. We need to remember that our stability is due to someone carrying a heavy burden on us. We believe that we will soon see the dawn of lifting the lockdown and resuming work in full. Tesla has decided to open a phase 2 factory in Shanghai despite the citys temporary woes, and the future of this great city is still bright as its supply of chips, lithography machines and high-end manufacturers remain at full capacity.
01
Zhangjiang, Shanghai: Supply chain enterprises are seeing a faster pace of work and production resumption and contributing to the overall productivity recovery in the chip industry.
The supply of equipment, spare parts, key reagents, and raw materials should never be interrupted for the normal functioning of IC production lines. Shanghai HMG Supply Chain Co., Ltd., headquartered in Zhangjiang, Shanghai, took up this crucial mission during the COVID-19 outbreak. Since March 28, the company has delivered more than 1,300 batches of goods urgently needed by the IC industry in Shanghai and even the entire country. It also has been working to keep leading IC enterprises, such as SMIC, Hua Hong, TSMC, and GTA, supplied with production materials, thus contributing to the overall productivity recovery in the chip industry.
Link
https://cj.sina.com.cn/articles/view/6145283913/m16e49974902001ntmf?finpagefr=p_104
Observations
Industrial manufacturers are making an effort to respond to the limitations in the supply of labor, parts and components, raw materials, and chips caused by the epidemic. Indeed, even a great cook’s hands will be tied when ingredients are short. Similarly, when there are not enough raw materials, there is no way to conjure products out of nothing despite the advanced techniques and equipment. And chips are not an exception. Normal production has become a challenge for Chinese chip enterprises due to the shortage of raw materials. However, there is always a way out. The professional supply chain company is undertaking the crucial mission to deliver materials urgently needed by the IC industry, safeguarding the stable operation of the industry.
02
No supply shortage. No production break. Shanghai Customs has been taking all measures to guarantee the stableness and smoothness of the supply chain for IC enterprises.
Shanghai Customs issued the second batch of measures for safeguarding customs clearance to accelerate the customs declaration and pick-up of goods and further enhance the cargo distribution and transport capacity of the port. Shanghai Customs promised to inspect all inspectable inbound and outbound goods and set up a green passage for commodities crucial for peoples wellbeing to prioritize their inspection. As a strategic emerging industry in Shanghai, IC enterprises have benefited from the customs in-time measures. The customs clearance for import and export materials dedicated to R&D and production has been smooth, and the IC industry chain and supply chain have been in order and with no halt.
Link
https://www.360kuai.com/pc/934c3ba853d38e25b?cota=3&kuai_so=1&sign=360_57c3bbd1&refer_scene=so_1
03
Guidelines of Shanghai on COVID-19 Control and Prevention in Work and Production Resumption of Industrial Enterprises (First Version)
For the purposes of driving the epidemic control and prevention and the economic and social development in a coordinated manner and consolidating the primary responsibility of enterprises, provided that risks are under control, the government will implement closed-loop management, drive work and production resumption of enterprises in a favorable and orderly manner, and guarantee the safety and stability of industry and supply chains. Guidelines on the epidemic control and prevention: Enterprises should assume primary responsibility; classified region-specific management; strengthening employee management; improving logistic management and epidemic prevention material storage; making emergency response plans and guaranteeing work security.
Link
https://www.shanghai.gov.cn/sjzccs/20220419/ae474d0493b64737b1e94cbbf201a202.html
04
Guidelines of Shanghai on COVID-19 Control and Prevention in Work and Production Resumption of Industrial Enterprises (Second Version)
The epidemic prevention and control during work and production resumption are essential in the campaign against the virus. The second version is now issued based on a review of the reality of Shanghai’s epidemic prevention and control and work resumption of enterprises. Main content: assuming primary responsibility; classified region-specific management; strengthening employee management; improving logistic management and epidemic prevention material storage; making emergency response plans and guaranteeing work security, and improving services for enterprises whose work and production have been resumed.
Link
https://www.shanghai.gov.cn/bcqsscshpwyx/20220504/7e10a430253044869e752e8fc68ffa65.html
05
GAC Announcement No. 32 of 2022 (Announcement on Promulgating the Revised Administrative Measures of the Customs of the Peoples Republic of China for the Places of Origin of Import and Export Goods under the Free Trade Agreement between China and New Zealand)
As approved by the State Council, the Protocol between China and New Zealand on Upgrading the Free Trade Agreement between the two countries shall officially come into effect as of April 7, 2022. For the purpose of determining the places of origin of import and export goods under the Free Trade Agreement between China and New Zealand, the General Administration of Customs (GAC) formulated the Revised Administrative Measures for the Places of Origin of Import and Export Goods under the Free Trade Agreement between China and New Zealand, which is hereby promulgated and shall come into effect as of April 7, 2022.
Link
http://www.customs.gov.cn/customs/302249/2480148/4274295/index.html
Observations
The Protocol revised the FTA and upgraded the rules of origin of the FTA. The two parties refined the direct transport rule and introduced the mechanism of origin self-declaration by approved exporters, making it easier for foreign trade enterprises to enjoy benefits from the policy. In addition, the Protocol also added new clauses, including the replacement of certificates of origin, exemption from submission of documents of origin, and an online check system.
Revision 1: The upgrade extended the transit time under the direct transport rule from six months to 12. It also refined the supervision requirements and clarified the supporting documents in need to prove the compliance of the direct transport rule, further enhancing the transparency of the implementation of rules.
Revision 2: The upgrade improved and regulated three sections, including the requirements and the replacement of certificates of origin, and the exemption from submitting documents of origin.
Revision 3: The upgrade added the approved exporter mechanism to the Agreement and allowed approved exporters to issue certificates of origin, making it easier for foreign trade enterprises to enjoy benefits in customs clearance.
Revision 4: The upgraded rules of origin will further improve the online check system to make origin management more regulated and efficient. The two parties will also establish a committee on rules of origin composed of customs authorities of both sides, which will be helpful for the strengthening of origin management.
06
GAC Announcement No. 33 of 2022 (Announcement on Adjusting the Format of Certificates of Origin under the China-Korea Free Trade Agreement)
In accordance with the provisions of the Free Trade Agreement between the Peoples Republic of China and the Republic of Korea and the resolution of the joint committee, the limit of a maximum of 20 goods to be covered by the certificate of origin of import and export goods under the FTA shall be lifted, and the annex shall be referred to for the new certificate format. This Announcement shall come into force as of June 12, 2022.
Link
http://www.customs.gov.cn/customs/302249/2480148/4287282/index.html
Observations
China and Korea will lift the limit of a maximum of 20 goods to be covered by the certificate of origin of import and export goods under the FTA as of June 12, 2022, which will facilitate enterprises even more.
In terms of exports, the customs will issue new certificates and no longer release the old version as of June 12. For enterprises that apply to replace their certificates of the old version, the customs will issue them the new version.
As to imports, the customs will accept certificates of the new version issued by Korea as of June 12, 2022, as well as those of the old version issued before June 11 inclusive.
07
GAC Announcement No. 36, 2022 (Announcement on Promulgating the Implementation of Relevant Matters of RCEP to Myanmar)
As approved by the State Council, the Regional Comprehensive Economic Partnership (RCEP) will come into effect between China and Myanmar as of May 1, 2022. In accordance with the Decree on the Issuance of the Administrative Measures for the Places of Origin of Import and Export Goods under RCEP (GAC Decree No. 255), Myanmar will be added to the member states indicated in Article II of the Measures. This Announcement shall come into force as of May 1, 2022.
Link
http://www.customs.gov.cn/customs/302249/2480148/4322398/index.html
Observations
China will grant preferential tariff rates to goods imported from Myanmar if the origin criteria under RCEP are applicable. By now only Indonesia and the Philippines have not ratified the RCEP. Covering principal countries in the region of East Asia, RCEP will inject strong impetus into regional and global economic growth, promote the regional economic integration of East Asia, and further enhance the weight of the Asia-Pacific region in the development setup of the world.
08
GAC Announcement No. 35 of 2022 (Announcement on Adjusting Sample Enterprises for the China Export Leading Indicator)
For the purposes of enhancing the accuracy in assessing export development and serving the development of goods trade in China, starting from June 2012, the GAC will collect information such as orders, confidence, and costs of some export enterprises on a monthly basis to work out the China Export Leading Indicator. In accordance with the Statistical Research System of the China Export Leading Indicator (research project number SHG20-2019-20, approval number 137 of 2019 of Guo Tong Zhi), the GAC decided to adjust the range of sample enterprises for the Indicator.
Link
http://www.customs.gov.cn/customs/302249/2480148/4324119/index.html
Observations
1. What is the China Export Leading Indicator?
It is a composite indicator that forecasts and provides early warning on export development in the next two or three months. It forms a significant part of the statistical indicator system of the customs. Among the principal elements affecting China’s exports, macro indicators such as imports of processing trade, direct investments from foreign businesses in the manufacturing industry, and the investment and consumption of principal economies, and minor indicators such as orders, confidence, and costs of enterprises can predict the development of exports. The GAC processes these indicators statistically to compound them into the China Export Leading Indicator.
2. By what criteria will sample enterprises be selected?
In the light of the principle of striking a balance between stability, continuity, representativity, and randomness, the Department of Statistics and Analysis of the GAC will adopt the disproportionate cluster stratified random sampling method to take 3118 samples from export enterprises with consecutive export records between 2019 and 2021 whose exports exceeded 38 million yuan in 2021 to comprise the new sample enterprises.
09
China-New Zealand FTA Upgrade Protocol officially came into force.
The Protocol between China and New Zealand on Upgrading the Free Trade Agreement between China and New Zealand (the Upgrade Protocol) officially came into effect on April 7, 2022.
The China-New Zealand FTA was signed on April 7, 2008, and entered into force on October 1, 2008. The FTA upgrade negotiation between China and New Zealand started in November 2016, and the Upgrade Protocol was signed on January 26, 2021. The Upgrade Protocol further expanded the opening up of markets in goods, services, investment, and the like, and brought rules such as trade facilitation to the next level. It has four new chapters, including e-commerce, competition policy, government procurement, and environment and trade, which is more in alignment with the needs of modern economic and trading development.
Link
http://www.mofcom.gov.cn/article/xwfb/xwrcxw/202204/20220403302840.shtml
Observations
The new tariff reductions and exemptions, facilitating methods for customs clearance, and greater opening-up will facilitate and benefit the trades between the two countries even more.
10
STA Announcement No. 9 of 2022 (Announcement of the State Taxation Administration on the Relevant Matters concerning Further Facilitating Export Tax Rebate Process and Promoting the Stable Development of Foreign Trade)
For the purposes of carrying out the decisions and deployment of the CPC Central Committee and the State Council in depth, actively implementing the Notice of the STA and Nine Other Departments on Further Increasing Support to Export Tax Rebate and Promoting the Stable Development of Foreign Trade (No. 36, [[]2022]), further helping enterprises overcome their difficulties, stimulating the dynamism and potential of export enterprises, optimizing the business environment for foreign trade, and improving the promotion of its stable development, the relevant matters are notified. Please refer to the relevant document.
Link
http://www.chinatax.gov.cn/chinatax/n377/c5175044/content.html
Observations
Ten departments, including the STA, the Ministry of Public Security, the Ministry of Finance, the Ministry of Transport, the Ministry of Commerce, the Ministry of Culture and Tourism, the People’s Bank of China, the General Administration of Customs, the State Administration of Foreign Exchange, and the China Banking and Insurance Regulatory Commission, jointly issued the Notice on Further Increasing Support to Export Tax Rebate and Promoting the Stable Development of Foreign Trade.
Its significance includes: strengthening the link between export credit insurance and export tax rebate policies; further enhancing the customs clearance efficiency for returned export goods; leading comprehensive foreign trade service enterprises to a healthy growth, helping enterprises enhance the efficiency in export businesses, and actively building a fair and just business environment.
11
MOF and STA Announcement No. 17 of 2022 (Announcement of the Ministry of Finance and the State Taxation Administration on Further Accelerating the Implementation Progress of the End-of-Period Value-Added Tax Credit Refund Policy)
For the purposes of reaping benefits from the large-scale VAT credit refund policy and resulting in a greater policy effect in helping market players overcome difficulties, the policies on further speeding up the implementation progress of the end-of-period VAT credit refund policy are hereby announced: 1. to accelerate the implementation progress of VAT credit refund of small and micro businesses; 2. to refund outstanding VAT credits to medium-sized businesses before schedule; 3. financial and taxation departments of all levels shall further enhance the sense of responsibility and urgency.
Link
http://www.chinatax.gov.cn/chinatax/n359/c5174689/content.html
12
Announcement of the Customs Tariff Commission of the State Council (CTCSC) on the Seventh Extension of Tariffs Exclusion List of U.S. Products Subject to Additional Tariffs (CTCSC Announcement No. 4, [[]2022])
In accordance with the CTCSC Announcement on the Fifth Extension of Tariffs Exclusion List of U.S. Products Subject to Additional Tariffs (CTCSC Announcement No. 7, [[]2021]), the fifth exclusion list shall expire on April 16, 2022. CTCSC decided under procedures to extend the exclusion term of the relevant products. The relevant matters are hereby announced as below.
From April 17, 2022, to November 30, 2022, the products listed in the annex on the relevant website shall continue to be exempt from the additional tariffs imposed as the retaliatory measures in response to the U.S. 301 measures.
Link
http://gss.mof.gov.cn/gzdt/zhengcefabu/202204/t20220415_3803082.htm
Observations
Enterprises will enjoy the exemption automatically without the need to apply for a market-based procurement exclusion number while declaring imports to the customs.
13
Announcement of the Customs Tariff Commission of the State Council on Implementing RCEP Conventional Tariff Rates to Some Goods Imported from Myanmar (CTCSC Announcement No. 5, [[]2022])
Under the relevant provisions of the Regulations of the Peoples Republic of China on Import and Export Duties and the Regional Comprehensive Economic Partnership (RCEP) and the entry into force of RCEP for Myanmar, RCEP conventional tariff rates applicable for ASEAN member states will be imposed on some import goods originating in Myanmar starting from May 1, 2022. The tariff rates are specified in the Conventional Tariff Rates field of the Customs Import and Export Tariff of the Peoples Republic of China (2022) (Annex of CTCSC Announcement No. 10 of 2021), abbreviated as 东盟R (ASEAN R).
Link
http://gss.mof.gov.cn/gzdt/zhengcefabu/202204/t20220427_3806422.htm
14
Announcement of the National Medical Products Administration (NMPA) on Approving the Registration of 181 Medical Devices (March of 2022) (No. 33 of 2022)
NMPA published the announcement on April 7, 2022. In March 2022, NMPA approved the registration of 181 medical devices, including 138 domestic Class III medical devices, 23 imported Class III medical devices, 18 imported Class II medical devices, and 2 medical devices from Hong Kong, Macao, and Taiwan (see the annex for the product list).
Link
https://www.nmpa.gov.cn/xxgk/ggtg/ylqxpzhzhcchpgg/20220408172020159.html
15
NMPA Announcement on Canceling the Medical Device Registration Certificate for the Cannulated Bone Screw under Number 20183460049 of Guo Xie Zhu Zhun (No. 36 of 2022)
NMPA published the announcement on April 22, 2022. In accordance with the Regulations of the Supervision and Administration of Medical Devices, the medical device registration certificate for the following product of TINAVI Medical Technologies Co.,Ltd. is hereby canceled as applied by the enterprise: Cannulated Bone Screw, with the registration number 20183460049 of Guo Xie Zhu Zhun.
Link
https://www.nmpa.gov.cn/ylqx/ylqxggtg/20220425160447119.html
16
Joint Announcement of the Customs of Shanghai, Nanjing, Hangzhou, Ningbo, and Hefei on Guaranteeing the Safety and Smoothness of the Industry and Supply Chains in the Yangtze River Delta Region
Link
http://shanghai.customs.gov.cn/shanghai_customs/423405/qtzhxx1/423461/423463/4327229/index.html
17
No. 9 of 2022: Announcement of the State Administration for Market Regulation (SAMR) on Revising the Administrative Measures for the China Standards Innovation and Contribution Award
The Administrative Measures for the China Standards Innovation and Contribution Award, an administrative regulatory document, was revised and approved in the 12th session of the leading party member group of the SAMR on March 24, 2022, and are hereby announced. The Measures shall come into force as of the date of promulgation. The Administrative Measures for the China Standards Innovation and Contribution Award (SAMR Announcement No. 15 of 2020) promulgated on April 14, 2022, shall be simultaneously repealed.
Link
https://gkml.samr.gov.cn/nsjg/bzcxs/202204/t20220402_341030.html
18
GAC Announcement No. 31 of 2022 (Announcement on Issuing the Rules for the Drafting of Customs Standards and Two Other Customs Industry Standards)
In accordance with the Measures for the Administration of the Customs Industry Standards of the People’s Republic of China (for Trial Implementation) (issued by the GAC Order No. 140 and revised following the GAC Order No. 235), the GAC issued the Rules for the Drafting of Customs Standards and Two Other Customs Industry Standards (see the annex). These standards shall come into force as of October 1, 2022.
Link
https://www.customslawyer.cn/portal/fgk/detail/id/67504.html
19
Notice of the Joint COVID-19 Prevention and Control Mechanism of the State Council on Ensuring Smooth Freight and Logistics (Guo Ban Fa Ming Dian No. 3, [[]2022])
I. To make maximum efforts to keep traffic smooth
II. To optimize the epidemic prevention measures for traffic control
III. To make maximum efforts to transfer emergency materials
IV. To ensure the smooth transport for crucial materials and mails and expresses.
V. To strengthen the support for employees’ services
VI. To focus on relieving poverty and overcoming difficulties and maintain industrial stability
VII. To implement epidemic prevention and control measures with precision
Link
http://www.gov.cn/zhengce/content/2022-04/11/content_5684533.htm
20
With the entry into force of the RCEP, the cross-border e-commerce market in Asia will reap great benefits from the system and opening up.
The 2022 Annual Conference of the Boao Forum for Asia published the Asian Economic Outlook and Integration Progress Annual Report 2022. According to the report, with the official entry into force of the RCEP, the cross-border e-commerce market in Asia will reap great benefits from the system and opening up. The RCEP will drive cross-border e-commerce to reduce export costs for a better integration of the industry and support chains in the region.
Link
https://finance.ifeng.com/c/8FMZSNWdA1S
Observations
The RCEP expanded the range of the existing trade arrangements within the region. By improving the existing rules, it has enhanced the depth and scope of free trade between participating states, lowered trade barriers, improved the investment environment, and expanded service trade. The supply chain of cross-border e-commerce businesses will surely be optimized. The import costs for raw materials for production will drop, thus further bolstering the price advantage of export goods in the international market and expanding the profit margin of cross-border e-commerce businesses. And the reduction of customs tariffs will stimulate cross-border e-commerce imports to a great extent.
21
The Measures for the Administration of Comprehensive Bonded Zones officially came into force as of April 1.
On January 1, 2022, the customs published the Measures of the Customs of the Peoples Republic of China for the Administration of Comprehensive Bonded Zones (GAC Decree No. 256, hereinafter referred to as the Measures), which shall come into force as of April 1, 2022.
Link
http://xyftz.xiangyang.gov.cn/item?iid=450d74ffdbeb7807
Observations
Comprehensive bonded zones have special advantages in the management of tariff quota and permits.
1. Goods transported between comprehensive bonded zones and foreign countries are not subject to the management of tariff quota and permits.
2. For goods transported between comprehensive bonded zones and other regions inside the People’s Republic of China (outside the zones) that are subject to the management of tariff quota and permits, businesses in the zones or consigners and consignees outside the zones should gain tariff quota and permits.
3. When leftover materials, defective products, and by-products from processing and production of businesses in the zones using bonded materials are transported out of the zones for sale, the business in the zones or consigners and consignees outside the zones should gain tariff quota and permits for those subject to the management of tariff quota and permits.
4. Leftover materials, defective products, and by-products from processing and production outside the zones using bonded materials transported out will not be carried back into the zones. The business in the zones or consigners and consignees outside the zones should gain tariff quota and permits for those subject to the management of tariff quota and permits.
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