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PBOC and General Administration of Customs Optimize Import and Export Permit Administration for Gold and Gold Products
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To further streamline administration and delegate powers, promote trade facilitation, and optimize the business environment, the People's Bank of China (PBOC) and the General Administration of Customs have decided to further optimize the "non-batch-specific permit" administration for import and export permits of gold and gold products, effective from June 1. Legal entities with frequent import and export activities of gold and gold products may apply for a "non-batch-specific permit" under the "Import and Export Administration Measures for Gold and Gold Products" in accordance with the prescribed conditions and approval procedures, and obtain the "PBOC Import and Export Permit for Gold and Gold Products." The PBOC and its branches will track the usage of the issued "non-batch-specific" permits through an online verification system and strengthen supervision and management. This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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