Home / News / Details

China Expands the CBEC Pilot Cities

Apart from the existing 86 cities and Hainan island, CBEC pilots expand to all cities (areas) where pilot free trade zones, CBEC comprehensive zones, comprehensive bonded zones, import trade promotion innovation demonstration zones and bonded logistics center (B type) are located. The pilot expansion will greatly reduce the cost and time of CBEC logistics, and better satisfy domestic consumption demand.

On Mar. 22, 2021, six departments (Ministry of Commerce, National Development and Reform Commission, Ministry of Finance, State Administration of Taxation, General Administration of Customs, State Administration for Market Regulation) jointly announced to expand the CBEC pilots to all cities where pilot free trade zones, CBEC comprehensive zones, comprehensive bonded zones, import trade promotion innovation demonstration zones and bonded logistics center (B type) are located 1. Related cities/areas can conduct import business of bonded warehouse model (customs supervision method code 1210) following [2018] No. 486 announcement as long as they are confirmed by local Customs of reaching corresponding supervision requirements. This announcement comes into effect since the date of promulgation.

Please Log in or Sign up (FREE) to read the full content.
Tags : ChinaCBEC
We provide full-scale Chinese cosmetic market entry services (including cosmetic registering & filing, regulatory consultation, customized training, market research, branding strategy). Please contact us to discuss how we can help you by cosmetic@chemlinked.com
Copyright: unless otherwise stated all contents of this website are ©2021 - REACH24H Consulting Group - All Rights Reserved - For permission to use any content on this site, please contact cleditor@chemlinked.com