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An Analysis of Import-Export Procedures and Processes in China
Bala Ramasamy 2011-02-24
(December 2010)
Abstract
Recent research by various international organizations including the World Bank, OECD, ADB and UNCTAD suggest that customs and administrative procedures have substantial effects on trade flows between countries. These procedures and practices can act as significant barriers to international trade and it is not surprising that these have become the focus of attention, now that tariff and other quantitative barriers have and continue to be reduced. Since becoming a full fledge member of the WTO, China has made significant progress in the trade liberalization process. Recognizing trade facilitation as an important effort to spur further trade, China has made significant improvements in the procedures behind-the-border. The World Bank Doing Business 2010 rank China at number 47 in Trading Across Borders. It takes between 21 and 24 days to export/import involving 6-7 documents at a cost of USD500-545. While days to trade and number of documents are close to the East Asia average, the cost in China is about 55% of the average East Asia mark.
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