New foreign trade regulations in December: The central banks of China and Saudi Arabia sign a bilateral currency swap agreement; new pilot policy for 3C certification of imported information technology equipment
New foreign trade regulations in December
Overview
The General Administration of Customs has implemented measures such as relaxing the time limit for declaring carry-over of deep processing of processing trade;
New pilot policy for 3C certification of imported information technology equipment;
The registration items of enterprises applying for certificates of origin issued by CCPIT have been cancelled;
China announced unilateral visa exemption for 6 countries;
The central banks of China and Saudi Arabia signed a bilateral currency swap agreement;
The European Union has passed new rules allowing those planning to travel to the Schengen area to apply for visas online;
India revised some medical equipment and electrical product standards;
India decided to impose anti-dumping duties on Chinese tempered glass for home appliances;
Indonesia imposes import taxes on bicycles, watches and cosmetics;
Thailand imposes anti-dumping duties on Wuxi steel sheets and tin-coated steel sheets from China;
Thailand issues labeling requirements for personal computers and computer equipment;
Philippines cuts import tariffs on gypsum;
Myanmar requires food importers to provide mandatory import health certificates
The General Administration of Customs has implemented measures such as relaxing the time limit for declaring carry-over of deep processing of processing trade
The General Administration of Customs issued the "Announcement on the Implementation of Measures such as Relaxing the Declaration Time Limit for Deep Processing Carry-over of Processing Trade", which proposed that for enterprises that adopt centralized declaration to handle deep processing carry-over business, they should make centralized declaration of the previous month's deep processing carry-over verification list and customs declaration form before the end of each month.
Full text of the plan:http://www.customs.gov.cn/customs/302249/2480148/5494187/index.html
New pilot policy for 3C certification of imported information technology equipment
The State Administration for Market Regulation and the General Administration of Customs recently issued an announcement to adjust the requirements for compulsory product certification (CCC certification) for imported information technology equipment in pilot areas (scope of application: Shanghai, Guangdong, Tianjin, Fujian, Beijing Free Trade Pilot Zone and Hainan Free Trade Port). For information technology equipment within the scope of CCC certification imported into the pilot areas, the certification client can use a self-declaration evaluation method to prove that the product complies with the CCC certification electromagnetic compatibility standard when applying for CCC certification.
Original announcement:https://www.cnca.gov.cn/zwxx/gg/lhfb/art/2023/art_8e57674ae0e64258a3ef8f9679cfa1ee.html
The registration items for enterprises applying for certificates of origin issued by CCPIT have been cancelled
In order to implement the national foreign economic and trade policies, further optimize the business environment, and promote high-quality development of foreign trade, from November 1, 2023, China Council for the Promotion of International Trade and its local visa agencies will cancel the registration and filing of enterprises of origin. New enterprises applying for the China Council for the Promotion of International Trade Certificate of Origin should submit a "Declaration" (China Council for the Promotion of International Trade Origin Declaration Submission Process.docx). The specific arrangements are as follows:
1. For enterprises that have completed the foreign trade operator registration, the "two certificates in one" registration method will continue to be used. Enterprises can directly use the unified social credit code to log in to the China Council for the Promotion of International Trade Certificate of Origin Online Visa System to apply for a certificate of origin without submitting a "declaration".
2. For enterprises that have not completed the registration of foreign trade operators and have not registered and registered their enterprises of origin with CCPIT, they should submit a completely and accurately filled "Declaration" (Declaration.docx) and relevant supporting materials to the CCPIT's origin certification agency before applying for a certificate of origin.
China announces unilateral visa exemption for 6 countries
On November 24, Foreign Ministry Spokesperson Mao Ning announced that China has decided to try to expand the scope of unilateral visa-free countries and implement a unilateral visa-free policy for ordinary passport holders from France, Germany, Italy, the Netherlands, Spain and Malaysia. From December 1, 2023 to November 30, 2024, ordinary passport holders from the above countries who come to China for business, tourism, visiting relatives and friends, and transit for no more than 15 days can enter without a visa.
Central banks of China and Saudi Arabia sign bilateral currency swap agreement
Approved by the State Council, the People's Bank of China and the Saudi Arabian Central Bank recently signed a bilateral local currency swap agreement with a swap size of RMB 50 billion/26 billion Saudi riyals. The agreement is valid for three years and can be extended with the consent of both parties. The central bank said that the establishment of a bilateral local currency swap arrangement between China and Saudi Arabia will help strengthen financial cooperation between the two countries, expand the use of local currencies between China and Saudi Arabia, and promote trade and investment facilitation between the two sides.
EU approves new rules allowing people planning to travel to Schengen area to apply for visas online
On November 13th local time, the European Council approved new regulations related to the digitization of Schengen visas, creating a unified Schengen visa online application platform, making the application process for Schengen visas more convenient in the future.
The European Council said in a statement released on the same day that under the new regulations, the EU will create a unified online Schengen visa application platform. With a few exceptions, Schengen visa applicants will no longer have to go to the embassies and consulates of Schengen countries, but will apply through this digital platform. The European Commission previously stated that the platform is expected to begin development in 2024 and be put into use in 2026. Visa applicants will enter all relevant information on the platform, upload electronic versions of travel documents and supporting documents, and pay visa fees. At the same time, the current visa sticker will also be replaced by an encrypted signed barcode.
It is reported that the new regulations will come into effect on the 20th day after being published in the Official Journal of the European Union, and the specific implementation date will be determined after the technical work on the online visa platform and digital visa is completed.
India amends some medical equipment and electrical product standards
The Bureau of Indian Standards (BIS) issued a communiqué announcing the revision of some medical device and electrical product standards. The revised standards will be officially implemented on October 2, 2023, and the previous implementation standards will be gradually abolished.

India decides to impose anti-dumping duties on Chinese tempered glass for home appliances
On November 17, 2023, the Taxation Bureau of the Indian Ministry of Finance issued Notification No. 17/2023-Customs (ADD), stating that it accepted the anti-dumping affirmative final ruling recommendation made by the Indian Ministry of Commerce and Industry on August 28, 2023 on toughened glass for home appliances having thickness between 1.8 MM to 8 MM and area of 0.4 SqM or less originating in or imported from China, and decided to impose an anti-dumping duty on the products involved in China for a period of 5 years, with a tax amount of US$0 to US$243 per ton (for details of the taxation, see the final ruling announcement of this case). The Indian customs codes of the products involved are 70071900, 70072900, 70134900, 70139900, 70199000, 70200019, 70200029 and 70200090. The following products are not subject to the anti-dumping measures in this case: tempered glass for glass covers of vessels, tempered glass for electronic switches and switchboard panels, curved colored glass for washing machines, tempered glass for double glazed windows (DGU), dome-shaped tempered glass, and fluted tempered glass.
Indonesia imposes import taxes on bicycles, watches and cosmetics
Indonesia has imposed additional import duties on four categories of goods through the Ministry of Finance Regulation No. 96/2023 on customs, excise and tax provisions for the import and export of consignment goods. Cosmetics, bicycles, watches and steel products have been subject to import duties from October 17, 2023. The new tariffs on cosmetics are 10% to 15%; the new tariffs on bicycles are 25% to 40%; the new tariffs on watches are 10%; and the new tariffs on steel products can be up to 20%.
The new rules also require e-commerce companies and online suppliers to share information on imported goods with the General Administration of Customs, including the names of companies and sellers, as well as the categories, specifications and quantities of imported goods.
The new tariffs are in addition to the trade ministry's tariff rules introduced in the first half of the year, which imposed import duties of up to 30 percent on three categories of goods: footwear, textiles and handbags.
Thailand imposes anti-dumping duties on Wuxi steel sheets and tin-coated steel sheets from China
On October 25, 2023, the Thai Dumping and Subsidy Review Committee announced that it had decided to re-implement tin-coated steel sheets and coils (Thai: เหล็กแผ่นชุบหรือเคลือบด้วยดีบุกทั้งชนิดเป็นม้วนและไม่เป็นม้วน, Reference English: Steel Sheets Plated or Coated with Tin in both Coils and Non Coils), and impose anti-dumping duties based on CIF, with tax rates ranging from 2.45% to 17.46% for mainland China, 4.28% to 20.45% for Taiwan, 5.82% for the EU, and 8.71% to 22.67% for South Korea (for detailed tax rates, please refer to the final ruling announcement of this case). The measure will take effect on November 13, 2023.
Thailand issues labeling requirements for personal computers and computer equipment
Recently, the Office of the Consumer Protection Board of Thailand (OCPB) issued a statement titled "Personal computers and computer equipment are labeling regulated goods."
This statement applies to computers and computer equipment, and requires that their labels reflect certain information required by consumer protection laws and be clearly displayed in Thai or a foreign language with Thai annotations to avoid any misunderstanding by consumers. However, products manufactured in Thailand and exported but not sold in Thailand are not covered by this labeling requirement.
The declaration will come into effect on November 1, 2023.
Philippines cuts import tariffs on gypsum
On November 3, Philippine Secretary of State Bo Samin signed Executive Order No. 46, temporarily reducing import tariffs on natural gypsum and anhydrite to zero to support housing and infrastructure projects and boost the competitiveness of the local gypsum and cement industries. The preferential tariff rate will be valid for five years.
Myanmar requires food importers to provide mandatory import health certificates
The Global New Light of Myanmar reported that the FDA under the Ministry of Health of Myanmar has notified food importers to seek mandatory Import Health Certificates (IHC). IHC can be applied for online or in writing at various border checkpoints or FDA offices in Yangon and Naypyidaw. Importing companies with import recommendation letters can register an account through (http://esubmission.fda.gov.mm/) and provide the OGA number issued by the customs.
To apply for IHC, you need to provide an import recommendation (IR), a certificate of analysis (CoA), a bill of lading, an invoice, a packing list, an order for issuance, an import license from the Department of Trade, and photos of the imported food. When applying, you must attach an online payment receipt for a service fee of 50,000 Kyats and a 200,000 Kyat fee for each laboratory service.
When applying for IHC, samples must be sent to FDA offices in Lashio, Naypyidaw, Muse, Tachileik, Yangon and Myawaddy borders. Customs clearance can only be carried out in the presence of IHC. For imported foods with low and medium health risks, the processing time is 7 working days, and for imported foods with higher health risks, the processing time is 21 days.
Source: Focus Vision
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