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Chinese Customs to Implement New Enterprise Categorization System Beginning April 1st, 2008 March 25, 2008 According to a notice posted to the Hong Kong Trade Development Council's Web site, as of April 1, 2008, China's General Administration of Customs will implement a new categorization system under which consignors and consignees of imports and exports, as well as customs agents, are classified into five categories - AA, A, B, C and D –as follows:
Category AA and A enterprises will be eligible for express customs clearance procedures;
Category B will be subject to regular measures; and
Category C and D enterprises will be put under strict surveillance.
The HKTDC notice states that enterprises meeting the respective criteria may file their applications with the local customs authorities via the customs office at the place where they are registered.
Additional details on the new enterprise categorization system (in Chinese) are available at http://www.customs.gov.cn/YWStaticPage/433/4c0797e5.htm.
HKTDC notice (dated 03/18/08) available at http://www.tdctrade.com/content.aspx?data=_content_en&contentid=1017293&w_sid=194&w_pid=690&w_nid=10409&w_cid=1017293&w_idt=1900-01-01&w_oid=115&w_jid=.
Thank you,
Charles Spoto
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