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  Home >>News
China Customs Tips 07.11-07.17

1. Last Friday, the General Administration of Customs announced a Notice on Adjustment of Measures for Entry-exit Personal Postal Goods which will be effective from Sep. 1st 2010.

2. On June 22nd 2010, the General Administration of Customs held a open hearings on revision and adjustment on Measure on Enterprise Classification of People¡¯s Republic of China in Jinan.

3. On July 9th, the Sino-France Economic and Trade Cooperation Forum was held in Paris.

4. From July 1st 2010, the Measure on Enacting Tax Collection Administrative Regulation went into effect.

5. Recently, the State Administration of Foreign Exchange released a notice on relevant issues for domestic banks directly invest abroad.

6. According to Customs statistics, import and export value of the first half year reaches USD 1354.88 billion, increasing 43.1%. The export value is USD 705.09 billion with 35.2% growth, while import value as USD 649.79 billion, increasing 52.7%. The trade surplus is USD 55.3 billion decreasing 42.5%.
The general trade import and export value is USD 679.49 billion, increasing 46.5%. The export value reaches USD 321.2 billion with 36.6% growth; while import value is USD 358.29 billion, increasing 56.6%. For the processing trade export value reaches USD 527.76 billion, increasing 38.2%. Among the processing trade, export value is USD 332.53 billion, 32.9% growth; import value is USD 195.23 billion, increasing 48.3%.
The first three trade partners are EU, USA and Japan respectively.
 
 
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