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Online CBA: What are the Innovative Features of the Customs Clearance Regulatory System of the Guangdong FTZ?

Photo: Guangdong Free Trade Zone
Photo: Guangdong Free Trade Zone

Q: What are the innovative features of the customs clearance regulatory system of the Guangdong FTZ?

A: According to the Regulations of the China (Guangdong) Pilot Free Trade Zone, foreign goods entering the Nansha Bonded Port Area in Guangzhou, the Qianhai Bay Bonded Port Area in Shenzhen and the Hengqin New Area in Zhuhai (hereinafter referred to as the fenced area) can be first brought into the fenced area with the customs declaration dealt with afterwards. The bonded goods stored in fenced areas do not have time limit for storage. The goods circulating within the fenced areas are allowed delivery at several times and declaration at one time, delivery by themselves. As well, the establishment of a supervision system based on goods status will be explored.

Article 26 – Guangdong Free Trade Zone (FTZ) shall make innovations in inspection and quarantine supervision system on the principles of quarantine upon entry with appropriate relaxation on the import and export inspection, and facilitation for entry and exit, taking strict precaution against quality and safety risks.

Goods entering the fenced area from abroad shall be subject to the entry quarantine; except for key sensitive goods, other goods are exempted from inspection.

Goods exiting the fenced area as imports are subject to pre-inspection system upon the application by enterprises, inspected at one-time and released by several batches. The warehousing and logistics goods circulating between enterprises in the fenced area are exempted from inspection and quarantine. Bonded exhibition goods entering and leaving the Guangdong FTZ are also exempted from inspection.

Guangdong FTZ shall establish an administration system that facilitates the regulated development of third-party inspection and appraisal institutions. The inspection and quarantine department shall adopt the third-party inspection results in accordance with laws, regulations and prevailing international rules.

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Content provided by Picture: HKTDC Research
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