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Shanghai Looks to Streamline Cross-Border Trade Procedures

In a bid to optimise the cross-border trade environment, the Shanghai Municipal Government has introduced a raft of new measures:

  • Parallel operations are to be introduced for customs and inspection declarations, customs clearance and logistics services. This is intended to reduce customs clearance preparation and cargo pickup time, with customs declarations and inspections occurring simultaneously whenever possible
  • In order to streamline the customs and inspection declaration process, all shipping information – including ship name, voyage number, berthing time and destination terminal – can now be submitted via the online Single Window system
  • Container vessels are no longer obliged to submit paper manifests to the relevant port authorities, while the wider use of electronic bills of lading by port enterprises and shipping companies will be encouraged
  • Port fees and charges will be revised and strictly-regulated
  • The time limit for the Municipal Commission of Commerce to approve import/export licences for mechanical and electrical products will be reduced, while the submission procedures for certificates of origin, CCC accreditation and other accompanying documents will be streamlined. Additionally, letters of credit will no longer be required when making an export inspection declaration
  • The port clearance service mechanism will be optimised

For further details (in Chinese), please visit the following link:

Circular on the Issuance of Several Measures for Optimising the Business Environment for Cross-Border Trade at Shanghai Port

 

Content provided by Picture: HKTDC Research
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