15 Minutes of China Customs & International Trade Biweekly News Bites
2020
For companies involved in cross-border movement of goods, insights into the latest practical trends and regulatory requirements of China Customs and other trade related agencies is crucial in ensuring a seamless supply chain. In today’s environment where new trade policies are frequently announced to facilitate businesses, keeping up to date of the latest developments would also provide an important competitive edge to win in the market and/or ensure survival.
In this context, we are glad to announce the launch of our online series of 15 Minutes of China Customs & International Trade Biweekly News Bites, bringing frequent short news bites for busy executives/professionals to catch the latest hot topics in China customs and international trade. In this series, we will pull together experienced customs and international trade professionals from our PwC Worldtrade Management Services and associated independent law firms to share with you our latest insights in the latest regulatory and practical trends and developments in customs and international trade.
The technical areas covered may be different for each session as hot topics arise and may include: customs valuation, tariff classification, country of origin, free trade agreement and other preferential programmes, customs enterprise credibility management / Authorised Economic Operator (AEO) programme, free trade zones and other bonded schemes, tariff suspension programmes, processing trade, customs audit/review trends, export controls and trade sanctions, and more.
To subscribe, please click on the link below, complete the subscription form and select “Customs & Trade (Asia Pacific)” under the section “Business Interest/Issues”. You may also share the link to anyone interested in receiving this Customs & Trade News Bites so they can subscribe and follow us. https://www.pwccn.com/en/subscribe-to-e-newsletter.html
Regional Comprehensive Economic Partnership (RCEP)
The world’s largest multilateral trade agreement, the Regional Comprehensive Economic Partnership (RCEP), was signed by 15 Asian countries on 15th November 2020. What does it really mean to businesses?
China Export Control Law
On 17th October 2020, China passed a new Export Control Law that will come into effect on 1st December this year. This would require companies dealing with controlled items/technologies to drastically change their business practices to ensure compliance with the law.
Customs Valuation on Related Party Transaction
Companies should prepare for customs valuation reviews by China Customs and appropriately deal with Customs on the increasing need for transfer pricing adjustments in China.
