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China GAC Issues Facilitation Measures for 2021 China International Import Expo

On July 8, 2021, China GAC released "Customs Clearance Notice" and "Facilitation Measures" for 2021 China International Import Expo (hereinafter referred to as "2021 CIIE"). Those requirements remain substantially unchanged comparing with 2020 CIIE.

Facilitation Measures 

Organizer of CIIE will continue to provide tax guarantee to reduce pressure for overseas exhibitors. Exhibition-only cosmetics at 2011 CIIE will be exempted from Chinese labels, sampling test and the verification of consignee and consigner filing certificates. Imported goods included in the List of Import Cosmetics Allowed Through CBEC can be sold according to the online shopping bonded retail imported goods model after the exhibition.

2021 CIIE 

CIIE has been held for three consecutive times since 2018, and 2021 CIIE is the fourth one, which will be held from Nov. 5 to 10, 2021. During the 2020 CIIE, despite the global market uncertainties caused by the COVID-19 pandemic, the intended turnover hit USD 72.6 billion, a 2.1 percent year-on-year increase. For the 2021 CIIE, various preparatory work is progressing steadily as planned. By the end of June, 2021, companies from various countries have actively registered for the exhibition, and the registered and contracted area has exceeded 360,000 square meters, achieving the anticipated goal.

2021 CIIE continues to set six major exhibition areas, including Trade in Services, Automobile, Intelligent Industry & Information Technology, Consumer Goods, Medical Equipment & Healthcare Products, and Food & Agricultural Products, with more new products, services and technologies to be displayed. In retrospect, many overseas exhibitors said they benefited a lot from the previous CIIEs and hoped to have greater reach and access to the Chinese market by this platform. As a former exhibitor remarks, "The 2021 CIIE is an ideal platform for strengthening economic and trade cooperation, boosting global trade and world economic growth. It will be a successful event for all participating enterprises." Check 2021 CIIE for more details.

Tags : ChinaBusiness
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