Economy

The average annual value of goods is 41.5 trillion yuan. During the 14th Five Year Plan period, the volume of imported and exported goods under customs supervision is the largest in the world

2025-08-26   

On August 25th, Sun Meijun, Director General of the General Administration of Customs, introduced at a series of themed press conferences on "High quality Completion of the 14th Five Year Plan" held by the State Council Information Office that during the 14th Five Year Plan period, the annual supervision of import and export goods by the national customs will be 5.2 billion tons, with a value of 41.5 trillion yuan, the largest in the world. The General Administration of Customs, together with more than 20 ministries, carries out a special action on cross-border trade facilitation every year. The participating cities have expanded to 25 cities in 17 provinces across the country, and a total of 108 reform and innovation measures have been introduced. Customs will work together with relevant departments to continuously create a market-oriented, rule of law, and international first-class port business environment, taking the initiative in opening up, facilitating market expansion, and using the rule of law as a guarantee to safeguard high-quality development and high-level opening up. ”Sun Meijun said. Cross border trade facilitation, which helps enterprises reduce costs and increase efficiency, is an inevitable requirement for high-level opening up to the outside world, an effective means to optimize the business environment, cope with external shocks, and an objective need to fulfill WTO agreements and maintain the multilateral trading system. ”Sun Meijun said. Sun Meijun introduced that during the 14th Five Year Plan period, the customs will implement 7 × 24-hour appointment clearance. The policy of "inspection before shipment" for consolidated export goods significantly reduces duplicate loading and unloading, helping enterprises to enter and exit quickly and gain market opportunities. Innovate the "One Port Connect" regulatory model in the Guangdong Hong Kong Macao Greater Bay Area, reducing the transit time for goods at ports from 5 to 7 days in the past to 2 to 3 days now. Establishing a "green channel" for importing agricultural products at ports, fresh fruits from neighboring countries such as Thailand and Vietnam can arrive in Guangzhou within 7 hours and Beijing market within 30 hours. In addition, Sun Meijun stated that the customs have also refined preferential services for enterprises, helping them reduce costs and increase efficiency. Intensify joint incentives for AEO enterprises, namely "high credit" enterprises, and more than 3000 AEO enterprises have enjoyed preferential and convenient measures such as bank financing guarantees, financing credit, and export credit insurance. China has achieved AEO mutual recognition with 57 countries (regions), allowing enterprises to enjoy equal customs clearance convenience overseas. Sun Meijun introduced that since the 14th Five Year Plan, China has added or expanded 40 open ports, and now the total number has reached 311. It has basically formed a three-dimensional layout of water, land, and air, and a comprehensive layout of port opening in the east, west, central, and western regions, making economic and trade exchanges and cultural exchanges more extensive and close. At present, there are 125 water transport ports in China, which bear more than 90% of the national port freight volume; The number of air ports has reached 85, distributed throughout the country, forming an aviation network that quickly connects all parts of the country to the world; There are 101 land ports, which have become important channels for interconnection with neighboring countries. Overall, the port pattern of China's' East West Central West coordination, sea land air linkage 'is becoming increasingly perfect. ”Zhang Baofeng, Director of the General Office of Customs, further introduced. In addition, Sun Meijun introduced that during the 14th Five Year Plan period, the China Europe freight train assembly center will transform and upgrade from "point-to-point" to "hub to hub". Comprehensive bonded zones and other customs special supervision areas have become new highlands for various regions to open up to the outside world. With less than one twentieth of the country's land area, they contribute one-fifth of the country's total import and export value. The customs are making every effort to prepare for the sealing operation of Hainan Free Trade Port, issuing customs supervision measures, completing the acceptance of "second tier ports", launching a smart supervision platform, and will soon release three system documents including customs declaration standards for "second tier ports". (New Society)

Edit:Yao jue Responsible editor:Xie Tunan

Source:China Securities Journal

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