Essay on International Trade Regulations in China
On December 11, 2001, China got the status of the member of WTO. The country gradually liberalized the whole system of foreign trading, as well as proceeded with reducing the range of administrative barriers to the trade. In accordance with the amended Foreign Trade Law of the country, all sorts of enterprises have an opportunity to register for the right to conduct trading. Besides, individual Chinese have also a chance to trade far from the country’s borders in accordance with the Foreign Trade Law.
Licensing and Quota Control
Starting from 2005, all the requirements related to the licensing and quota have been excluded from almost all imports. Just a certain number of some products are being controlled by the import licensing experts. This year, only two types of commodities – electronic and key-used mechanical products and ozone depleting substances, are controlled by the import licensing experts.
The representatives of the MOFCOM, as well as the rest of adjacent State Council departments, hold responsibility for amending, generating and publishing of the electronic and mechanical products catalogue. The imports of these products are not being the subject to prohibition. For purposes of the analysis of import, the country implements import licensing system that works automatically for some of the electronic and mechanical products that will be freely imported.
Trade Labeling and Description Requirements
All goods that are now sold in the country must be labeled only in Chinese language and have detailed description of the specifications of the content, as well as the production date, the principles of application and the date of expiration. Besides, there should be provided explanatory warnings regarding the use of the products. The country has adopted a special labeling system that must help its experts to deal with the management of the GM agricultural bioproducts. Each of them must be labeled accurately in case they are to be sold within the market of China.
Customs and Quarantine System
The country has adopted and implemented the ‘quar?ntine inspect?on before customs declaration’ practice within the area of customs clearance. A special inspection seal was stamped to the Export G?ods Clearance Slips and G?od Clearance Slips. The latter are ?ssued to the products that are the subject to the entry-ex?t quarantine and inspection. The Customs are required to examine as well as release all the products against the Exp?rt Goods Clearance Slip or the Import Goods Clearance Slip that have been issued by the quarantine author?ties and entry-ex?t inspection experts.
The country also uses a special system of the so-called pre-shipment inspection for the wastes that have been imported as the raw materials. According to the rules, all wastes should properly measure up to the standards of the country’s environment protection. Besides, they must be inspected by the organization that is recognized and trusted by the Quality Supervision Administration right before the shipment.
In general, the country has a complex system of governing the local standards of food and products inspection. However, the management is required to ensure the best quality and safety of goods.