Chinese customs and international trade
With the development of the Chinese initiative One belt One Road that involves a lot of countries and entities, efficient cooperation is required between all the parties involved. Customs cooperation is one of the essential elements in this project. How could the Chinese authorities progress in this area? With the developments in e-commerce presenting new challenges in customs control, China’s customs agency is developing a new approach how to address them. China Customs has adopted an integrated supply chain approach to secure international trade lanes and to facilitate legitimate trade. The paper prepared by scholars on this topic presents a case study analysis of an integrated supply chain company that integrates the transaction, declaration, logistics and financial services of e-commerce customers on its platform. It shows how this integration can also be used by China Customs to manage supply chain risks more effectively. It shows how this new approach benefits traders, customs and government. For more information, you can access the complete research paper A new Approach to Customs Control in China.