GAC taking steps to further simplify customs procedures for firms
The General Administration of Customs is redoubling efforts to improve enterprise credit management, in a bid to further strengthen corporate integrity and simplify customs procedures.
GAC has been, for the past decade, promoting and improving its Authorized Economic Operator classification system. Companies that are certified as an AEO are qualified for simplified customs procedures like clearance facilitation, while the discredited ones are subject to stricter customs controls. Chen Hongqin, a manager in charge of customs affairs at Guangzhou Fiedle Leather Bag Co, said the company has gained a lot from the AEO certification it obtained last November.
She said that the certification has helped increase the company's orders by 20 percent and annual sales by approximately 70 million yuan ($10.3 million).