Page 7 - THE SOUTH CHINA BUSINESS JOURNAL
P. 7
To promote cross-border B2B exports, Guangzhou will
further optimize the export customs clearance: The inspection of
cross-border e-commerce B2B export goods will be prioritized, qualified
cross-border e-commerce B2B export goods will go through customs
clearance procedures through declaration lists, and the export return
policies will be optimized.
(2) To accelerate cross-border customs clearance of goods
from RCEP countries, Guangzhou will further simplify
customs clearance process and reduce customs clearance
time: For goods from RCEP countries that have arrived at the
customs supervision with all the enterprise information needed for
custom clearance being submitted and in line with the normal release
conditions, the goods will be released within 24 hours. For perishable
goods, the turnaround time could be further reduced to six hours.
(3) To improve tax services: The processing time for export tax
rebates will be further shortened to five working days for normal cases,
and the average processing time for normal export tax rebates will be
reduced to five working days. Besides, Guangzhou will pilot the “duty-
free without ticket” policy and the verified tax collection policy for
corporate income tax for CBEC retail exports.
(4) Settlement of payment difference: Enterprises engaged
in CBEC can settle the difference between the cost of warehousing,
logistics, taxation, and other expenses incurred in overseas export of
goods and the payment for export of goods and report the actual data of
foreign exchange receipt and payment to the authority in charge. For the
goods exported to overseas warehouses by CBEC enterprises, the actual
sales revenue remitted back is allowed to be inconsistent with the export
declaration amount of the corresponding goods.
(5) To Increase financing support: Based on the credit
risk compensation fund pool for technology-based small and
medium-sized enterprises in Guangzhou, financial institutions are
encouraged to provide appropriate financial products and services
for CBEC enterprises.
(6) Dispute resolution: Guangzhou will establish an online
dispute resolution (ODR) platform for CBEC related disputes.
The ODR platform will follow the rules set out in the Cooperation
Framework for APEC Enterprises for Online Settlement of Cross-
border Commercial Disputes and provide rapid electronic solutions
and enforcement mechanisms for disputes across borders,
languages, and different legal jurisdictions.
(7) Support the agglomeration and development of CBEC
enterprises: Guangzhou encourages social capital (private capital/
funds) to build CBEC industrial parks (cluster areas) by using existing
industrial carriers, old industrial zones, old factories, etc., to attract
domestic and foreign high-quality CBEC enterprises and their upstream
and downstream supply chain enterprises to settle in
the park for cluster development.
further optimize the export customs clearance: The inspection of
cross-border e-commerce B2B export goods will be prioritized, qualified
cross-border e-commerce B2B export goods will go through customs
clearance procedures through declaration lists, and the export return
policies will be optimized.
(2) To accelerate cross-border customs clearance of goods
from RCEP countries, Guangzhou will further simplify
customs clearance process and reduce customs clearance
time: For goods from RCEP countries that have arrived at the
customs supervision with all the enterprise information needed for
custom clearance being submitted and in line with the normal release
conditions, the goods will be released within 24 hours. For perishable
goods, the turnaround time could be further reduced to six hours.
(3) To improve tax services: The processing time for export tax
rebates will be further shortened to five working days for normal cases,
and the average processing time for normal export tax rebates will be
reduced to five working days. Besides, Guangzhou will pilot the “duty-
free without ticket” policy and the verified tax collection policy for
corporate income tax for CBEC retail exports.
(4) Settlement of payment difference: Enterprises engaged
in CBEC can settle the difference between the cost of warehousing,
logistics, taxation, and other expenses incurred in overseas export of
goods and the payment for export of goods and report the actual data of
foreign exchange receipt and payment to the authority in charge. For the
goods exported to overseas warehouses by CBEC enterprises, the actual
sales revenue remitted back is allowed to be inconsistent with the export
declaration amount of the corresponding goods.
(5) To Increase financing support: Based on the credit
risk compensation fund pool for technology-based small and
medium-sized enterprises in Guangzhou, financial institutions are
encouraged to provide appropriate financial products and services
for CBEC enterprises.
(6) Dispute resolution: Guangzhou will establish an online
dispute resolution (ODR) platform for CBEC related disputes.
The ODR platform will follow the rules set out in the Cooperation
Framework for APEC Enterprises for Online Settlement of Cross-
border Commercial Disputes and provide rapid electronic solutions
and enforcement mechanisms for disputes across borders,
languages, and different legal jurisdictions.
(7) Support the agglomeration and development of CBEC
enterprises: Guangzhou encourages social capital (private capital/
funds) to build CBEC industrial parks (cluster areas) by using existing
industrial carriers, old industrial zones, old factories, etc., to attract
domestic and foreign high-quality CBEC enterprises and their upstream
and downstream supply chain enterprises to settle in
the park for cluster development.
