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Thursday, 04 June 2009 |
The Ministry of Commerce and the General Administration of Customs jointly released a new Catalogue on Processing Trade Prohibited in 2009, with 79 commodity codes of ten-digit removed, to promote international trade. Commodity codes removed cover such products as plants, light industrial products, metallic compound, petroleum products, steel and non-ferrous metal products. The readjusted Catalogue of Processing Trade Prohibited covers 1759 commodity codes of ten-digit.
In this readjustments, high emission and high energy-consuming processing trade are still strictly forbidden, and processing trade that are not high emission and high energy-consuming are no longer forbidden. The readjustments could play a positive role in strengthening corporate confidence and maintaining the steady growth of foreign trade. |