Home Home
Home | Overview | B-Schools | Jobs | Alerts | Advertise | Contact Us | About Us | Forum | Link to us
Tuesday, November 19, 2024 Choose Language: English | German | Portugese
MBA Resources
MBA Articles
MBA Books
MBA Case Studies
MBA B Schools
MBA Current Affairs
MBA Downloads
MBA Events
MBA Notifications
MBA FAQs
MBA Jobs
MBA Job Consultants
MBA News
MBA Results
MBA Courses
MBA Sample Papers
MBA Interview
Questions
MBA Training
Institutes
CAT - 2009
Online CAT 09
About Online CAT
How to Prepare for
CAT
CAT 2024 Faqs
GD Tips
Pursuing MBA
MBA aspirants
What is an MBA
Why an MBA
Returning to B-school
Value of MBA
Good MBA Candidate
MBA Overview
Overview
Scope of MBA
MBA Programs
Career in Vogue
B-School Ratings
Top Universities
Top 30 Ranking
Admission Process
B-School Profiles
Management Colleges
in Bangalore
Distance & Online
MBA Preparation
Aptitude Tests
Tips for CAT
GD Made Easy
MBA Entrance Exams
CAT's Eye
About CAT
CAT Class Room
CAT Course Materials
CAT Bulletin 2024
CAT Eligibility
IIM Cat Centers
CAT Institutes
How to Apply
Important Dates
CAT Instructions
CAT FAQs
Sample Papers
CAT GD/PI
CAT Resources
CAT Results
MBA Careers
Business News
Case Studies
Interview Tips
Build Resume
Seminar Topics
Business Schools
B-Schools Profiles
B-Schools Rankings
B-Schools Selection
B-Schools Hot News
B-Schools Events
B-Schools Diary
B-Schools Seminars
Placements 2008
Placements 2007
Placements 2006
Top Business Schools
Top Business Schools
(Part Time) in Asia
Top Business Schools
in India
Top Business Schools
Worldwide
Education Loans
Career Resource
Admission Process
Admission Alerts
MBA Admissions
Application Dates
Full Time
Fellow Programmes
Executive MBA
Distance Courses
GMAT Preparation
What's GMAT
Eligibility Fees
Importance
GMAT CAT
GMAT & MBA
GMAT FAQs
MAT Preparation
What's MAT
Exam Notification
Online MAT 09
MAT Institutes
MAT Test Centres
AIMA Study Centres
Bank of Baroda
Branches
JMET Preparation
JMET 2009 Important
Dates
JMET 2009 Eligibility
JMET Application
Process
JMET 2009
Participating Institutes
JMET Test Pattern
JMET Paper Structure
MBA Jobs
Senior Management
Positions
Marketing/ Sales/
Advertising
General Management
Analysis Zone
Analysis of MBA
Entrance Exams
Exam Notification
Mock Exams
Mock Exam [2024]
Verbal Preparation
Math (Quantitative)
Analytical
General Awareness
Free Downloads
CAT Papers
XAT
FMS
MAT
IIFT
CET
SNAP
JMET
GMAT Verbal
GMAT Math
Miscellaneous
Distance Courses
Success Stories
Advertise With Us
MBA FAQs
MBA Forum



Home » MBA Articles » MBA - Foreign Trade Articles » New Regulations Impact Exports to China

New Regulations Impact Exports to China

Expert Suggestions on Preparation for Computer Based CAT-09

HTML clipboard

The beginning of a new year almost always means amended or brand new regulations that govern the import and export of merchandise to and from the United States. In this particular instance the regulations of another nation will affect anyone who exports goods to China. These individuals should make sure that they are compliant with new regulations set forth by the Chinese General Administration of Customs that change the rules for electronically transmitting manifest data.

On January 1, 2009, the Chinese General Administration of Customs implemented steps that standardize the administration of manifest data for inbound, as well as outbound shipments of goods for all modes of transportation. These new changes also enable the Chinese General Administration of Customs to safeguard legitimate international trade activities among its trading partners.

How does the implementation of this new procedure affect U.S. exporters as they attempt to export goods to China?

Those individuals who are exporting goods to China and those who are responsible for transmitting electronic manifest data must first register with the Chinese General Administration of Customs by submitting the following documents:

  • Application form for registration,
  • Bill of lading/waybill samples,
  • Impression of the corporate seal of the business or other equivalent business stamp,
  • Copy of license or certificate of qualification issued by governmental authorities, and
  • Any other document as requested by the General Administration of Customs.

Once interested parties have registered with the Chinese General Administration of Customs and have gained admittance to their electronic manifest data transmission program, those individuals who are responsible for transmitting manifest data must adhere to the minimum time requirements as specified below. These new requirements could be viewed as the Chinese version of the 24 Hour Rule imposed by U.S. Customs and Border Protection for inbound shipments of merchandise.

The deadline for submitting documents before loading goods onto a conveyance bound for China depends on the mode of transport:

  • Ship, containerized�24 hours,
  • Ship, non-containerized�2 hours,
  • Plane�4 hours,
  • Train�2 hours, or
  • Vehicle�1 hour.

For passengers aboard an inbound transport to China, the deadline for submitting documents is different:

  • Ship�2 hours,
  • Plane, flight time less an 1 hour�30 minutes,
  • Plane, flight time of 1-2 hours�1 hour,
  • Plane, flight time over 2 hours�2 hours,
  • Train�2 hours, or
  • Vehicle�1 hour.

Any amendments that would need to be made to the manifest data should be made before the deadlines indicated above. Adhering to these time frames greatly enhance the entry process once the goods reach China.

Chinese Customs officials will be granting a temporary three month grace period in which monetary penalties will not be assessed for noncompliance. The only penalty at this point would be the inability for the goods to be offloaded from the conveyance upon which the goods arrived.

More information pertaining to the requirement may be obtained from the Chinese Customs website; however, information pertaining to this particular regulation is only available in the Chinese language. There are currently no English language translations available. The USDA Foreign Agricultural Service has some information about the new Chinese regulations available as they pertain to agricultural commodities, and they include core aspects of the electronic manifest data transmission program, which may be useful to all exporters regardless of their commodities.



More MBA - Foreign Trade Articles
1 2 Next



Discussion Center

Discuss

Query

Feedback/ Suggestion

Yahoo Groups

Sirfdosti Groups

Contact Us

A D V E R T I S E M E N T

 

 


Members Login Here!
EmailId:   
Password:


  Forgot Password?
  New User? Register!

Start Your Own Website

India's Best Web Hosting Company
Interview Q & A eBook

Get 9,000+ Interview Questions & Answers in an eBook. Interview Question & Answer Guide
  • 9,000+ Interview Questions
  • All Questions Answered
  • 5 FREE Bonuses
  • Free Upgrades

Useful Resources

Indian Institute of Management - Ahmedabad
IIM - AHMEDABAD

Indian Institute of Management -  Bangalore
IIM - BANGALORE

Indian Institute of Management - Calcutta
IIM - CALCUTTA

Indian Institute of Management - Indore
IIM - INDORE

Indian Institute of Management - Kozhikode
IIM - KOZHIKODE

Indian Institute of Management - Lucknow
IIM - LUCKNOW

Master of Business Administration MBA course Exam Institution Admission Details Related Pages


CAT | IIM | JET JMET | MBA | MBA Entrance | MBA Distance | MBA Entrance Exam | MBA Programs | Top MBA Universities in India | B-Schools Profiles | Management Colleges in Bangalore | Aptitude Tests | CAT Tips | CAT Bulletin 2008 | Common Admission Test | CAT Papers | XAT Papers | FMS Papers | MAT Papers | IIFT Papers | CET Papers | SNAP Papers | JMET Papers | GMAT Verbal Papers | GMAT Math Papers |

Copyright � 2024. onestopmba.com. All rights reserved Privacy Policy | About Us | Terms and Conditions
Our Portals : Academic Tutorials | Best eBooksworld | Beyond Stats | City Details | Interview Questions | Discussions World | Excellent Mobiles | Free Bangalore | Give Me The Code | Gog Logo | Indian Free Ads | Jobs Assist | New Interview Questions | One Stop FAQs | One Stop GATE | One Stop GATE | One Stop GRE | One Stop IAS | One Stop MBA | One Stop SAP | One Stop Testing | Webhosting in India | Dedicated Server in India | Free Website Templates | Sirf Dosti | Source Codes World | Tasty Food | Tech Archive | Testing Interview Questions | Tests World | The Galz | Lalu Yadav Jokes | Vyom | Vyom eBooks | Vyom International | Vyom Links | Vyoms | Vyom World | Shayari
home page