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China with no unified custom process, standards and requirements or a single custom entity makes the process more complex. As customs regulation may vary from region to region across China. Each custom office has its own regulations and requirements for clearance. The following is a brief detail how export process works at the Shanghai Customs ...
China's waste import ban, instated at the end of 2017, prevented foreign inflows of waste products.Starting in early 2018, the government of China, under Operation National Sword, banned the import of several types of waste, including plastics with a contamination level of above 0.05 percent. [1]
It is responsible for the collection of value added tax, customs duties, excise duties, and other indirect taxes such as air passenger duty, climate change levy, insurance premium tax, landfill tax and aggregates levy. It is also responsible for managing the import and export of goods and services into mainland China.
The U.S. is a relatively small source of crude oil for China, accounting for 1.7% of its imports last year, worth about $6 billion. Just over 5% of China's LNG imports come from the U.S.
Less than 24 hours later, the USPS resumed service saying that it and "Customs and Border Protection are working closely together to implement an efficient collection mechanism for the new China ...
The Ministry of Commerce (MOFCOM) is an executive department of the State Council of the People's Republic of China that is responsible for formulating policy on foreign trade, export and import regulations, foreign direct investments, consumer protection, market competition (competition regulator) and negotiating bilateral and multilateral ...
The Operation National Sword (ONS) was a policy initiative launched in 2017 by the government of China to monitor and more stringently review recyclable waste imports. [1] By 1 January 2018, China had banned 24 categories of solid waste and had also stopped importing plastic waste with a contamination level of above 0.05 percent, which was significantly lower than the 10 percent that it had ...
Days after U.S. President Donald Trump ended duty-free entry for cheap Chinese goods entering the U.S., his administration put the order on hold after more than a million packages piled up at New ...