Recently, the State Council Information Office held a press conference to introduce the relevant situation of China’s import and export in 2021.
source：www.customs.gov.cn
According to data released by the General Administration of Customs, in 2021, the total value of China's import and export trade in goods was 39.1 trillion yuan, an increase of 21.4% over 2020. Among them, the volume of total exports were 21.73 trillion yuan, increased by 21.2%; the volume of total imports were 17.37 trillion yuan, increased by 21.5%.
Good News
In 2021, the scale of import and export hit a record high, exceeding US$6 trillion for the first time!
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Even though the current global epidemic is still severe, China’ s foreign trade keeps showing its tenacity and vitality. In the past year, the scale of import and export has increased rapidly and the quality of foreign trade has also improved. It not only stabilizes the confidence of businessmen engaged in foreign trade, but also attracts more enterprises to participate in foreign trade, which will support the steady growth and high-level development of foreign trade.
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Recently, HACOS received inquiries about how to export goods to other countries.
Actually, if you want to export goods abroad, getting import and export rights is necessary!
What are import and export rights?
Import and export rights, one of the essential elements for foreign trade, refer to the qualification for enterprises to start import and export businesses.
Q
Why do you need import and export rights?
Answer
According to the regulations, only enterprises with import and export rights can independently engage in foreign trade in obedience to the law.
Benefits of import and export rights
1.After getting import and export rights, enterprises can import and export goods.
2.Enterprises with import and export rights can apply for export tax rebates, which helps enterprises save money.
3.Enterprises with import and export rights can open foreign exchange accounts to legally receive payment and make foreign exchange settlement, which helps enterprises seek more business opportunities in foreign trade.
4.Enterprises with import and export rights can apply for corresponding government subsidies with their customs data on import and export.
5.Enterprises with import and export rights can participate in various international exhibitions, and can enjoy high subsidies for overseas exhibitors.
How to apply for import and export rights?
The application for import and export rights needs to go through a very complicated process. Enterprises that intend to apply for import and export rights must obtain the approval of several relevant departments, including the commerce bureau, customs, the quarantine bureau, the foreign exchange administration, electronic ports and so on.
Requirements
1.The company's business scope includes the import and export of goods and the related products.
2.The company should provide an English company’s name.
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As import and export rights involve many departments, and the materials needed are complex, people are easy to encounter difficulties when they apply for import and export rights for the first time.
Suggestion
HACOS suggests that enterprises should choose professional and responsible enterprise service providers to deal with the relevant matters, which will help enterprises save worry and effort.
HACOS has professional teams and rich experience in applying for import and export rights for enterprises, helping enterprises avoid detours!
If you want to know more, please contact our consultants or leave your message.
