China's fine-tuned import policy benefits Xiamen
The Ministry of Commerce has removed 81 kinds of goods from the Automatic Import Licensing Catalogue since July 1, benefiting import-and-export enterprises in Xiamen, the city's commerce bureau said.
The delisted goods, most of which are electromechanical or automobile products, are no longer under the automatic import licensing management. Thismeansimporters will no longer need to obtain an import license from local government agenciesbefore going through customs clearance.
The policy's implementation will simplify customs-approval procedures, thus benefiting certain enterprises in Xiamen, especially those thatimport cars, said the bureau on its website.
Why Xiamen
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Xiamen is one of the most economically competitive cities in China and was one of the first Special Economic Zones on the Chinese mainland. As a vice-provincial city independently listed on the State development plan, it has provincial-level authority in economic administration and local legislative power. In 2010, the Xiamen SEZ was expanded to cover the entire municipality. Today, Xiamen is a modern and international port city.