The State Council Information Office held a regular policy briefing on April 28, 2022, to introduce measures on further increasing export tax rebate support and helping enterprises overcome difficulties to stabilize foreign trade. Stay tuned!

Q1
Q: What new policies are there regarding relief measures and tax rebates?

A: On April 20, 10 departments jointly issued the Notice on Further Increasing Export Tax Rebate Support to Promote Stable Foreign Trade Development, including 15 measures in three aspects. Specifically:

In focusing on policy relief to reduce the burden on export enterprises,

The Notice specifies three support policies:

·強化出口信用保險與出口退稅政策銜接，將保險賠款視同收匯予以辦理退稅；

· Improving export tax rebate policies for processing trade, allowing processing trade enterprises to deduct input VAT that couldnt be deducted previously due to inconsistent export product tax rates;

· Exploring the potential of departure tax refund policies, continuously expanding policy coverage, optimizing tax refund store layouts, and vigorously implementing convenience measures.

In focusing on convenient tax refunds to improve capital flow efficiency,

The Notice proposes seven facilitation measures:

· Vigorously promoting contactless processing of export business, enabling online handling of export tax rebate declaration, review, and feedback;

· Enhancing data sharing to further streamline export tax rebate submission materials;

· Actively promoting electronic documentation for export tax rebate records, allowing enterprises flexibility in choosing digital, image-based or paper-based documentation retention methods;

· Continuously improving intelligent declaration for export tax rebates, achieving no-fill customs declaration and invoice information;

· Improving export tax rebate processing efficiency, reducing the average national processing time for normal rebates to within 6 working days in 2022;

· Deepening cooperation between customs and tax authorities to improve customs clearance efficiency for export goods returns;

· Optimizing and simplifying export tax rebate procedures, routinely implementing tolerance of deficiencies in on-site verification, and actively promoting fully paperless processing of export tax rebate certificates to effectively enhance rebate processing efficiency and accelerate capital turnover for export enterprises.

In focusing on optimizing the environment to promote stable foreign trade development,

The Notice introduces five support measures:

· Enriching publicity channels and precise reminder content to guide enterprises in improving export business processing efficiency;

·支持跨境電商健康持續(xù)創(chuàng)新發(fā)展；

· Simplify the centralized tax refund filing process for comprehensive foreign trade service enterprises, creating convenient conditions for their development;

· Strengthen credit sharing to guide enterprises in operating with integrity, allowing reassessment of export tax refund classification management categories for enterprises with restored tax credit;

· Enhance inter-departmental collaboration and intensify joint efforts to combat fraudulent tax refund claims, actively fostering a fair and equitable business environment.

Q2
Q: What new measures are there regarding customs clearance facilitation reforms?

A: In terms of declaration facilitation, further improve reform measures such as advance declaration and two-step declaration, providing enterprises with declaration mode options suitable for different needs.

In logistics optimization, continuously refine measures like two-stage admission and destination inspection to facilitate quick cargo release from ports. Meanwhile, the pilot program for direct pick-up and loading at shipside has been expanded to all qualified customs districts nationwide. Priority is given to coordinated risk control, cargo supervision, and cross-district collaborative management of taxpayer enterprises in regions like the Yangtze River Delta and Guangdong-Hong Kong-Macao Greater Bay Area, achieving paperless customs declaration unit registration, full online processing and nationwide accessibility. Additionally, streamlined clearance and順勢監(jiān)管 (順勢監(jiān)管:順勢監(jiān)管) are promoted for high-tech products.

海關(guān)總署還指導(dǎo)各直屬海關(guān)根據(jù)不同的運輸方式、不同行業(yè)和產(chǎn)品特點采取措施，幫助企業(yè)解決進出口貨物通關(guān)過程當(dāng)中的困難。比如，開通了重要民生物資進口”綠色通道”，為航空、集成電路、汽車制造等產(chǎn)業(yè)提供通關(guān)支持，保障關(guān)鍵零部件進出口，助力維護產(chǎn)業(yè)鏈和供應(yīng)鏈的穩(wěn)定暢通。

Q3
Q: What facilitation measures are there for the return and exchange management of cross-border e-commerce imports and exports?

A: Since 2020, multiple announcements have been issued to optimize the return process for cross-border e-commerce retail import and export goods. In 2021年9月, the General Administration of Customs implemented the Announcement on Comprehensively Promoting the Cross-border E-commerce Retail Import Return Center Warehouse Model, further improving the efficiency of the entire return supervision process, solving the problem of difficult returns, reducing business operating costs and time costs, and promoting the healthy development of cross-border e-commerce import and export business.

The return center warehouse mentioned here refers to a dedicated storage location established by cross-border e-commerce enterprises or their agents within customs special supervision zones for storing returned retail import goods. This allows processes like receiving and sorting returned goods to be conducted within these zones, providing convenient clearance services for overseas shopping returns.

Q4
Q: How to improve the convenience of export tax refund processing?

A: This year, new measures of three reductions, three additions, and three accelerations have been introduced to further enhance the convenience of export tax refund processing.

The three reductions refer to reducing documents, reducing procedures, and reducing paper-based proofs.

· Reducing documents means relying on tax big data to eliminate or adjust multiple paper-based documents required for export tax refund declarations and proof issuance.

· Reducing procedures means no longer requiring prior declaration for export goods that cannot be collected, instead allowing enterprises to retain relevant documents for future verification.

· Reducing paper-based proofs means changing the issuance method of six types of export tax refund proofs, such as the Agent Export Goods Certificate, from paper-based to electronic. Enterprises no longer need to submit paper proofs for subsequent tax-related matters, as tax authorities will verify electronic proof information.

The three additions refer to increasing efforts, adding methods, and enhancing convenience services.

· Increasing efforts means intensifying the implementation of contactless processing measures for export operations, enabling full online processing of export tax refund declarations, reviews, and feedback.

· Adding methods means expanding the options for retaining export tax refund supporting documents, allowing enterprises to flexibly choose paper-based, image-based, or digital methods based on their needs.

· Enhancing convenience services means adding no-fill items for export tax refund declarations and providing progress reminders for export tax refund processing.

The three accelerations refer to accelerating tax refund processing, accelerating return clearance, and accelerating on-site inspections.

· Accelerating tax refund processing means continuously speeding up export tax refund progress by implementing detailed support measures.

· Accelerating return clearance means actively promoting information sharing for the Proof of Tax Paid/Not Refunded for Export Goods, eliminating the need for paper proofs when processing export goods return clearance if information can be verified, thus speeding up return clearance.

· Accelerating on-site inspections means actively implementing tolerance-based processing for on-site inspections, improving the efficiency of centralized tax refund on-site inspections.

Q5
Q: What measures are there this year to help small and medium-sized foreign trade enterprises overcome difficulties?

A: · Increase credit insurance support to ensure enterprises collection security. In February this year, the Ministry of Commerce and China Export & Credit Insurance Corporation jointly issued a notice on increasing export credit insurance support to further stabilize foreign trade. This will encourage export credit insurance institutions to further optimize underwriting and claims conditions, expanding coverage for foreign trade enterprises, especially small and medium-sized ones.

· Utilize special funds to help enterprises expand markets. Local governments will be guided to continue leveraging the role of foreign trade and economic development special funds, improving public service systems by supporting small and medium-sized enterprises in participating in online and offline exhibitions, accelerating trade digitalization, and connecting domestic and international supply and sales channels.

· Pool financial resources to broaden enterprise financing channels. Local commerce systems will be guided to strengthen cooperation with financial institutions through platforms, data credit support, and green channels, encouraging financial institutions to increase foreign trade credit supply based on market principles and promoting collaboration between banks and export credit insurance institutions to expand policy financing scale.

· Optimize foreign exchange services to enhance enterprises risk avoidance capabilities. Since last year, the Ministry of Commerce, together with relevant departments, has organized online training and compiled exchange rate risk avoidance manuals, helping enterprises improve exchange rate risk management capabilities with multiple measures. Next steps will include promoting improved risk avoidance products and services, facilitating bank-enterprise對接 (對接:對接), and enhancing the convenience of cross-border RMB settlement.