Taizhou Customs recently announced 25 new measures across 15 aspects to enhance its business environment and promote high-quality foreign trade development.
These measures include improving cross-border logistics, streamlining export tax refund processes, nurturing advanced certification enterprises, and expanding the proactive disclosure policy. Additionally, initiatives to support the health industry, foster an open business platform, facilitate cross-border e-commerce, and develop new bonded maintenance businesses were also revealed.
One specific measure supports the health industry by shortening the approval cycle for special items, particularly for biological materials and influenza vaccines. These actions aim to boost the rapid growth of Taizhou's biopharmaceutical sector.