Recently, Huadu District will start the pilot operation of state-level market purchase trade mode.

 

Market purchase trade, a new type of trade different from existing ordinary trade, processing trade, transit trade and border trade, refers to the trade that eligible managers make with declared goods purchase value of 150,000 USD(inclusive) and below at commercial authority's appraised market clusters and go through export goods customs clearance procedures at designated ports. Featuring trade convenience and enjoying a series of policy advantages, such as container sharing, rapid customs clearance, tax and VAT exemption and flexible foreign exchange policies, it will dramatically improve the convenience of small commodity export trade.

 

After the official start of the pilot operation of market purchase trade mode, relying on the country’s preferential policies for the pilot operation, enterprises may carry out small commodity export conveniently and efficiently in Huadu, Guangzhou to further improve their international competitiveness. Next, Huadu will perform the industry-based powerful district strategy, excite new momenta for market development through developing new foreign trade modes, boost innovations in policies, platforms, trade convenience and supply chain’s financial services. The district will also boost the integrated development of ordinary trade, cross border E-commerce and market purchase trade, and create vortex effect and clustering effect to push forward industrial innovation and market transformation and upgrading.

 

According to the introduction of the director of relevant department of Huadu District, from now on, Huadu has a new convenient path to the international market, Guangzhou has a rich connotation in building itself into an international commercial center and Guangzhou’s products have a broad way to go global.

 

Source: Translated from Invest Guangzhou, Mar. 6, 2017