Tianjin: free trade innovation enables industrial upgrading and promotes high-quality development of manufacturing industry

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Tianjin North network news: Tianjin gives full play to the advantages of the first try policy of the free trade zone, promotes the expansion of the bonded exhibition and trading policy to a wider field, continuously upgrades the enabling industries, and promotes the high-quality development of the manufacturing industry.

A large foreign trade enterprise in Tianjin imports a large number of new energy auto parts from abroad every year and transports them to the vehicle factories in Beijing, Tianjin and Hebei for display to attract customer orders. In the past, enterprises needed to pay taxes before carrying out this kind of business, that is to say, when the goods entered the country, they went through customs clearance procedures and paid customs duties and value-added tax.

The enterprise has calculated an account. Tariff and value-added tax account for nearly 20% of the value of imported goods. The enterprise has to bear tens of millions of yuan in this regard every year. How to expand the policy of “bonded exhibition trade” from the field of consumer goods to the field of industrial products to provide services for the establishment of Tianjin’s manufacturing industry? The free trade zone is also making efforts.

At the end of last year, Tianjin Customs, with the support of the General Administration of customs, issued a policy to support the expansion of bonded display transactions, from daily consumer goods to industrial raw materials, equipment spare parts and some bulk commodities. Support enterprises registered and filed with the customs in the comprehensive bonded area to transport bonded goods outside the area to carry out bonded display and trading business after handling guarantee procedures with the customs. The scope of application of the policy is also extended from Tianjin to the whole Beijing Tianjin Hebei region.

In this way, qualified and reputable enterprises can directly enjoy the policy dividend. This foreign trade enterprise does not need to go through customs clearance procedures, pay customs duties and value-added tax for the imported goods used for display before they are actually sold. The goods that have not formed a transaction can also be returned and transported out of the country.

At the same time of policy “expansion”, considering that the bonded display business of industrial products generally has high requirements for customs clearance time limit, Tianjin Customs is still continuously optimizing its business process. For qualified and reputable enterprises, support independent filing, and record and display the details of the entry, exit and storage of goods, so as to improve the efficiency of customs clearance. Enterprises can also choose various guarantee methods such as deposit and bank guarantee to further reduce costs. At the same time, the maximum period of bonded exhibition is extended from 6 months to 2 years, which is convenient for enterprises to carry out business in other places.

After the transaction of the display products of this foreign trade enterprise, it took only one week to complete the relevant procedures. Up to now, Tianjin Customs has carried out bonded exhibition and trading business with more than 140 tickets, with a value of about 80 million yuan. Recently, the Tianjin Port Co.Ltd(600717) bonded area and the comprehensive bonded area were merged, and all foreign trade enterprises registered and filed by the customs in the new Tianjin Port Co.Ltd(600717) bonded area can carry out bonded exhibition and trading business. At present, Tianjin Customs, together with the Municipal Bureau of Commerce and the management committees of various functional zones, interprets policies for enterprises, and provides strong support for the establishment of Tianjin’s manufacturing industry and the cultivation of new economic growth points. (Jin Yun news editor Zhang Qilin)

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