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Division
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Investment and Export
PO Box 7970
Madison, WI 53707-7970
USA
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Vol.
7 #4, March 2008
New Chinese Import/Export Compliance Procedures
China's General Administration of Customs will implement new
regulations on April 1 that may impact the speed with which goods are
released by Chinese Customs. Based on a company’s
compliance records, internal controls, business performance and other
information, importers and exporters will be assigned different
classification categories (AA, A, B, C and D).
Firms in Class A will be eligible for remote filing, rapid inspection
and release, advance customs entry, release before the goods arrive at
the port of entry, and inspection at the company facility if
necessary. Class AA firms will receive all of the Class A
benefits, plus a Customs account manager assigned to answer customs and
trade questions, direct customs release after the entry passes
electronic review, and no cargo inspections under normal
circumstances. Class B firms will experience routine inspections,
audits, and customs release of their goods, while those in classes C
and D will be subject to increased inspections and audits.
China Customs is now working on the rules, standards, systems, and
processes that will be used to implement the new regulations, including
an importer compliance assessment system and internal control standards
that incorporate best practices from the Importer Self-Assessment
program used by the United States.
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