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In November, the new foreign trade regulations came into effect

Domestic

01.From November 1st, the customs supervision measures for transit goods will come into effect

From November 1, 2022, the “Measures of the People’s Republic of China Customs for the Supervision of Transit Goods” (Order No. 260 of the General Administration of Customs) formulated by the General Administration of Customs will come into force. The measures stipulate that transit goods shall be subject to customs supervision from entry to exit; transit goods arriving at the place of exit can only be transported out of the country after verification and write-off by the customs at the place of exit.

02.From November 1st, electronic quota certificates can be issued for the newly approved import tariff quotas for sugar, wool and wool tops this year.

Recently, the Ministry of Commerce formulated the “2023 Sugar Import Tariff Quota Application and Distribution Rules” and “2023 Wool and Top Import Tariff Quota Management Implementation Rules”. Since November 1, the Ministry of Commerce will issue electronic quota certificates for the newly approved sugar, wool and wool tops import tariff quotas and import country tariff quotas, etc., and transmit the electronic data to the customs. Enterprises go through import procedures with the customs with the electronic quota certificate, and the customs use the electronic data of the quota certificate to compare and verify the electronic data of the customs declaration.

03.From November 1st, the import or production of electronic cigarettes will be subject to 36% consumption tax

Recently, the Ministry of Finance, the General Administration of Customs and the State Administration of Taxation issued the “Announcement on the Collection of Consumption Tax on Electronic Cigarettes”. The “Announcement” includes e-cigarettes in the scope of consumption tax collection, and adds e-cigarettes sub-items under the tobacco tax item. Electronic cigarettes are subject to ad valorem pricing to calculate tax. The tax rate for the production (import) link is 36%, and the tax rate for the wholesale link is 11%. Taxpayers exporting electronic cigarettes are subject to the export tax rebate (exemption) policy. Add e-cigarettes to the list of non-tax-exempt imported goods in the border-cigar market and tax them according to regulations. The announcement will be implemented from November 1, 2022.

04.From November 1, the new version of the “Administrative Measures for Drug Recalls” will be implemented

On October 26, the State Food and Drug Administration issued the newly revised “Measures for the Administration of Drug Recalls” (referred to as the “Measures”), which will take effect on November 1. Among them, the new version of the “Measures” provides specific provisions for the recall of overseas holders. If the overseas production of drugs involves the implementation of recalls in China, the agent in China designated by the overseas holder shall organize the implementation in accordance with the new version of the “Measures”. The new version of the “Measures” also clarifies the recall of domestically produced and exported drugs.

05.Six departments including the National Development and Reform Commission issued 15 measures to support foreign investment

Recently, the National Development and Reform Commission, the Ministry of Commerce and other departments jointly issued the “Several Policies and Measures on Focusing on the Manufacturing Industry to Promote the Expansion of Foreign Investment, Stabilize the Stock and Improve the Quality” (referred to as “Policy Measures”) to further increase investment in the manufacturing industry. , focus on solving the outstanding problems faced by foreign-invested enterprises, comprehensively strengthen foreign investment promotion and services, and promote high-quality development of foreign investment.

06.8 new pilots for market procurement trade methods

On October 26, the General Administration of Customs issued Announcement No. 101 of 2022 (Announcement on Expanding the Pilot of Market Procurement Trade Mode), expanding the scope of the pilot market procurement trade mode to Tianjin Wanglanzhuang International Trade City, Hebei Tangshan International Trade and Trade Center, Jilin Hunchun Northeast Asia International Commodity City, Heilongjiang Suifenhe Qingyun Market, Jiangxi Jingdezhen Ceramics Market, Chongqing Dazu Longshui Hardware Market, Xinjiang Alashankou Asia-Europe Commodity City, Xinjiang Urumqi Frontier Hotel Trade Market and other 8 markets.

07.Belarusian rapeseed meal and soybean meal approved for import

On October 1, the General Administration of Customs issued Announcement No. 95 of 2022 (Announcement on the Inspection and Quarantine Requirements for Imported Belarusian Rapeseed Meal and Soybean Meal), which will allow the import of Belarusian rapeseed meal and soybean meal that meets the relevant requirements from now on.

08.Uzbekistan’s kidney beans approved for import

On October 1, the General Administration of Customs issued Announcement No. 94 of 2022 (Announcement on the Inspection and Quarantine Requirements for Imported Uzbekistan Beans), which will allow the import of Uzbekistan beans that meet the relevant requirements from now on.

09.Papua New Guinea’s edible aquatic animals approved for import

On October 13, the General Administration of Customs issued Announcement No. 96 of 2022 (Announcement on Quarantine and Sanitation Requirements for Imported Edible Aquatic Animals in Papua New Guinea). Import of animals.

10.Pakistan saxifrage approved for import

On October 24, the General Administration of Customs issued Announcement No. 97 of 2022 (Announcement on the Inspection and Quarantine Requirements for Importing Pakistani saxifrage), which will allow the import of Pakistani saxifrage that meets the relevant requirements from now on.

11.Laotian tuckahoe and chicken blood vine are allowed to import

On October 24, the General Administration of Customs issued Announcement No. 98 of 2022 (announcement on the phytosanitary requirements for the import of tuckahoe and chinensis from Laos), and from now on, the import of tuckahoe and chinensis from Laos that meets the relevant requirements is allowed.

12.Nicaragua’s wild aquatic products approved for import

On October 25, the General Administration of Customs issued Announcement No. 100 of 2022 (Announcement on Inspection and Quarantine Requirements for Imported Nicaraguan Wild Aquatic Products), which will allow the import of Nicaraguan wild aquatic products that meet relevant requirements from now on.

13.Nicaragua’s aquaculture products approved for import

On October 25, the General Administration of Customs issued Announcement No. 99 of 2022 (announcement on the inspection and quarantine requirements for imported Nicaraguan aquaculture aquatic products), which will allow the import of Nicaraguan aquaculture aquatic products that meet the relevant requirements from now on.

14.The State Council allows the establishment of foreign-invested travel agencies in Shanghai and Chongqing

On October 8, the State Council issued the “Reply on Approving the Temporary Adjustment and Implementation of Relevant Administrative Regulations in Tianjin, Shanghai, Hainan and Chongqing”. Foreign-invested travel agencies established in Shanghai and Chongqing and meeting the conditions are allowed to engage in outbound tourism business other than Taiwan; in Chongqing, Tianjin, and Hainan Province, the access of private non-enterprise units that donate foreign funds to set up non-profit elderly care institutions is relaxed.

Foreign

01.EU
New regulations on biopesticides come into effect in November

As part of efforts to reduce reliance on chemical pesticides, the European Commission in August adopted new rules aimed at increasing the supply and access to biological plant protection products, which will come into effect in November 2022, according to the Chamber of Commerce for Import and Export of Minmetals and Chemicals. The new regulation aims to facilitate the approval of microorganisms for use as active substances in plant protection products.

02.Iran
Open tire export

According to the website of the Ministry of Commerce, Fars News Agency reported on September 26 that the Iranian Customs Export Office issued a notice to all customs enforcement departments on the same day to open the export of various types of tires including heavy and light rubber tires.

03.Uzbekistan
Approval of Export Support Program

According to the Economic and Commercial Office of the Chinese Embassy in Uzbekistan, Uzbekistan Newspaper News, Uzbekistan President Mirziyoyev approved the export support plan titled “New Uzbekistan – A Country with Competitive Products” on September 30. Competitively select export enterprises, transform them into leading export enterprises and provide comprehensive support. Corresponding support policies include: full return of value-added tax on export commodities within 7 days; import contracts are used as collateral to apply for commercial loans; according to the export scale in the past year, the export support fund will obtain financing support ranging from 1 million to 20 million US dollars .

04.Malaysia
Live chicken export ban lifted in stages from October 11

Malaysia has lifted export restrictions on live chickens in stages starting from October 11, according to the Financial Associated Press. Malaysia will allow the export of 1.8 million live chickens per month, which is 50% of the total export limit of 3.6 million live chickens. The government will decide whether to fully lift the export ban based on the supply of chicken in the local market and the production situation of the farm. In addition, Malaysia’s export ban on whole chickens, nuggets and day-old chicks remains in effect.

05.Japan
New requirements for the import of organic agricultural products and organic livestock products issued

According to the China Chamber of Commerce for Import and Export of Foodstuffs, Native Produce and Animal Husbandry, on September 21st, the Ministry of Finance and the Ministry of Agriculture, Forestry and Fisheries of Japan issued Circular No. 22, proposing the post-process management, label management and management personnel certification of organic agricultural products and organic livestock products exported to Japan. The requirements will be implemented from October 1, 2022.

06.Kenya
Approval for the cultivation and import of genetically modified crops

According to CCTV news, on October 3, local time, the Kenyan cabinet approved the commercialization of genetically modified corn, allowing it to be grown and imported. The Cabinet said the decision was based on the mid- to long-term response to the country’s ongoing drought and on the recommendations of the working group. The move makes Kenya the first country in East Africa to approve the cultivation and import of genetically modified crops.

07.Brazil
Issue regulations to facilitate the importation of foreign goods by individuals

According to the Economic and Commercial Office of the Chinese Embassy in Brazil, the Brazilian Federal Tax Service has issued a normative guideline No. 2101, which allows individuals to import goods purchased abroad into Brazil with the assistance of importers. According to the regulations, there are two modes for personal import of goods. The first mode is “Import in the name of an individual”. A natural person can purchase and import goods into Brazil in his own name with the help of the importer in customs clearance. However, this mode is limited to importing personal occupation-related goods, such as tools and artworks. The second mode is “Import by Order”, which imports foreign goods by order with the help of an importer. In the event of fraud in the transaction, customs will seize the relevant goods.

08.Turkey

Negative final ruling on anti-circumvention against China rubber tires

According to the China Trade Remedy Information Network, on October 25, the Turkish Ministry of Trade issued Announcement No. 2022/32, making a negative final ruling on the anti-circumvention of new rubber tires for heavy-duty vehicles, agricultural vehicles and construction machinery originating in China. There is sufficient evidence to show that the products in question originating in China are re-exported to Turkey through Malaysia to avoid anti-dumping duties, so no anti-dumping duties will be imposed on the products involved in Malaysia. The announcement takes effect from the date of publication.

Continue to impose anti-dumping duties on Chinese zippers

On October 21, the Turkish Ministry of Trade issued Announcement No. 2022/29, making the third anti-dumping sunset review final ruling on zippers originating in China, and decided to continue to impose an anti-dumping duty of US$3/kg on Chinese products involved in the case. The announcement will take effect from the date of publication and will be valid for 5 years. The products involved include base metal zippers and other zippers.

Continue to impose anti-dumping duties on glass fiber and its products in China

On October 18, the Turkish Ministry of Trade issued Announcement No. 2022/28, making the second anti-dumping sunset review affirmative final ruling on glass fiber and its products originating in China, and continuing to use the landed price (CIF) for the products involved. Anti-dumping duties ranging from 24.5% to 35.75% are levied. The case involves products that do not include fiberglass insulating sleeves and coils, and perforated disk-shaped fiberglass fabrics for grinding and cutting disks. The measures will take effect from the date of publication of the announcement and will be valid for 5 years.

Continue to impose safeguard duty on imported nylon yarn

On October 19, the Turkish Ministry of Trade issued Announcement No. 2022/3, making the first sunset review of the safeguard measures for imported nylon (or other polyamide) yarns, and it is recommended to continue the case against the case from November 21, 2022. Products are subject to a 3-year safeguard measure tax. Among them, the tax amount in the first stage, that is, from November 21, 2022 to November 20, 2023, is US$0.07-0.27/kg. The implementation of the measures is subject to the issuance of the Turkish Presidential Decree.

09.India
Launched anti-dumping investigations on 8 products from China

The Ministry of Commerce and Industry of India issued a series of announcements, respectively, on the tempered glass, viscose filament yarn, gypsum board, alloy steel chisels and hydraulic rock breakers, wheel loaders, metronidazole, sulphur black originating in my country. , industrial laser machines and other 8 products launched anti-dumping investigations.

10.Canada
Initiated a double-reverse re-investigation on China’s seamless steel oil and gas casing

According to the China Trade Remedy Information Network, on October 14, the Canada Border Services Agency (CBSA) issued an announcement saying that it has launched a double-reverse investigation on seamless steel oil and gas casing (Seamless Casing) imported from China to review whether to update the normal value. and export prices. Stakeholders should submit the questionnaire for this case before November 21, 2022.

11.South Africa
Launched anti-dumping investigation on Chinese galvanized steel products

According to China Trade Remedy Information Network, on October 12, the South African International Trade Administration Commission (ITAC) (representing the Southern African Union-SACU, SACU includes five countries including South Africa, Botswana, Namibia, Lesotho and Swaziland) issued an announcement, Launched anti-dumping investigations on galvanized steel products imported from China.

Categorize crypto assets as financial products

According to the Economic and Commercial Office of the Chinese Embassy in South Africa, the South African business technology website reported on October 20 that the South African Financial Sector Conduct Authority (FSCA) issued an announcement stating that encrypted assets will be regarded as financial products in South Africa so that regulators can monitor the market and help protect consumer.

12.Morocco
Initiation of safeguard measures investigation on imported rubber inner tubes

According to China Trade Remedy Information Network, on September 30, the Ministry of Industry, Trade, Green and Digital Economy of Morocco issued DDC/12/2022 Announcement, stating that from October 3, 2022, an investigation of safeguard measures will be launched for imported rubber inner tubes. . The products involved consist of rubber tubes made of natural rubber, butyl rubber or latex and gas nozzles welded or screwed into the rubber tubes, which can be used on bicycles, scooters, motorcycles, etc.

13.Bahrain
Introducing new work permit cards for expats

According to the Economic and Commercial Office of the Chinese Embassy in Bahrain, Gulf News reported on October 18 that Bahrain announced the launch of a new work permit card for foreigners. Eligible workers with valid residency rights, who are not facing any charges for breaking the law, can apply for the card at worker registration centres to be set up nationwide. However, applications from those entering on a visitor visa will not be accepted.

14.Ukraine
“Customs visa exemption” with European countries has come into effect

According to CCTV News, the Ukrainian State News Agency reported that the Ministry of Finance of Ukraine announced that the “Common Transit Procedures Convention” officially entered into force for Ukraine on October 1. The Ukrainian Ministry of Finance stated that this means that Ukraine has obtained “customs visa-free” treatment with most European countries, which will speed up border customs procedures and significantly reduce related costs for enterprises.

Draft law to terminate tax treaty with Belarus

According to Ukrainian media reports, the Ukrainian cabinet approved a draft law to terminate the agreement with Belarus on the avoidance of double taxation and the prevention of tax evasion on income and property. The document will be submitted to the Verkhovna Rada (Parliament) of Ukraine for consideration. It is reported that the tax agreement was signed in Ashgabat on December 24, 1993.

15.Hungary
SME loan interest rates will be reduced

According to CCTV, on October 22, local time, the Hungarian government announced that starting from November 15, the scope of application of the existing mortgage interest rate ceiling policy will be expanded, and floating rate loans provided to small and medium-sized enterprises can also enjoy the policy. Hungarian Minister for Economic Development Nagy Maldon said that in order to reduce the cost of small and medium-sized enterprises, the loan interest rate of these enterprises will be limited to 7.77%, and the measure will be valid until July 1, 2023. The current rate is 16.69%.

16.Russia
Allow foreign exchange out of the country

According to CCTV news, on October 15, local time, Russian President Vladimir Putin authorized the Central Bank of Russia to issue licenses for foreign exchange exceeding the equivalent of more than 10,000 US dollars.

Lift the ban on foreign exchange transactions of many international banks

According to the reference news network, the TASS news agency Moscow reported on October 15 that Russian President Vladimir Putin signed a presidential decree stipulating that the special economic measures adopted in March against the unfriendly behavior of the United States and countries and organizations that follow the United States will no longer apply to several companies. Foreign funds and development banks. The foreign funds and development banks involved in the presidential decree include the Asian Infrastructure Investment Bank, the Bank for International Economic Cooperation, the International Investment Bank, the Russian-Kyrgyzstan Development Fund and the BRICS Development Bank, the report said. In addition, these banks and investment funds are no longer prohibited from accepting foreign currency loans from residents of the Russian Federation to foreigners, as well as the business of depositing foreign currency into accounts outside Russia by residents of the Russian Federation.

17.the Philippines

Require all taxpayers to file their taxes electronically

According to the Economic and Commercial Office of the Chinese Embassy in the Philippines, after launching a 10-year digital development roadmap in 2019, the Philippine Revenue Service has continued to promote digital transformation. By the end of August 2022, about 98% of taxpayers in the Philippines have started using the IRD’s digital platform based on the development of the electronic filing system, payment system, electronic funds transfer instruction system and other electronic payment channels. According to the digital transformation roadmap, the PIR will launch an online registration and renewal system within this year and next.

From November 7th, Chinese people will be allowed to work as domestic servants in Saudi Arabia

According to Lianhe Zaobao, Saudi Arabia is a popular destination for Filipinos to work abroad. But the Philippine government in November suspended applications for Filipino domestic helpers to work in Saudi Arabia after reports of abuse and unpaid wages in Saudi Arabia. Now, with the Saudi government agreeing to strengthen protections for Filipino workers, the Philippines will resume sending domestic workers to work in Saudi Arabia on November 7.

18.Egypt
Central bank takes new steps to ease dollar crisis

According to Egypt Business, the Egyptian portal MASRAWY reported that in early October, the Central Bank of Egypt allowed domestic banks to take a package of measures to try to correct some of their practices in response to the dollar shortage crisis that was negatively affected by the Russian-Ukrainian conflict on the world economy. The three measures are: restricting the overseas cash withdrawal limit of bank cards, raising the interest rate of US dollar savings products and launching new financial derivatives.

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