Shanghai Customs introduces measures to facilitate cross-border trade

News provided by

english.shanghai.gov.cn

May 28, 2024, 23:14 ET

SHANGHAI, May 28, 2024 /PRNewswire/ -- A news report from english.shanghai.gov.cn:

To better facilitate cross-border trade, Shanghai Customs has introduced 36 measures with a focus on enhancing the experience for businesses. Here are some highlights:

1. Streamlining Customs Procedures: These measures include establishing a "Green Channel" for air freight containing fresh agricultural products, optimizing inspection processes, and enhancing customs technology infrastructure.

2. Enhancing Trade Services: Efforts are being made to nurture Authorized Economic Operator (AEO) enterprises, simplify customs procedures for different types of businesses, and support the development of high-tech enterprises.

3. Empowering Industries: New measures are in place to support the integrated circuit industry, advance research and development in biopharmaceuticals, and promote innovation in high-tech sectors like artificial intelligence.

4. Diversifying Trade Formats: Measures include boosting integrated development of the cruise ship economy, as well as promoting high-quality development in the processing trade sector.

5. Smart Regulatory Services: Some of the new measures focus on simplifying clearance processes through smart customs technologies, exploring risk management models based on supply chains, and piloting remote supervision projects.

6. Enhancing Communication: Efforts are being made to establish dedicated service desks, improve feedback mechanisms, optimize government services, and engage in collaborative forums for trade facilitation.

SOURCE english.shanghai.gov.cn