久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Customs surety insurance to help lower costs for SMEs

By Jing Shuiyu | China Daily | Updated: 2018-08-30 10:08
Share
Share - WeChat
The insurance can reduce the overall operating costs of enterprises, such as the cost of capital and institutional transaction costs, and thus promote companies' development. [Photo/VCG]

The Beijing Customs District under the General Administration of Customs of China will introduce customs surety insurance from Sept 1, as part of its ongoing efforts to lower costs for small and medium-sized enterprises and improve efficiency.

"The new insurance scheme has been developed by the customs agency and an insurance company. It is the first time that the customs agency is introducing an insurance product as a new type of customs bond," said Zhou Gonghua, chairman of Bank of China Group Insurance Co Ltd. Under the terms, importers are policyholders while the customs agency is the insured, according to Zhou.

A customs surety bond is a contract used for guaranteeing that a specific obligation will be fulfilled between customs and an importer for any given import transaction. The main purpose is to guarantee the payment of import duties and taxes.

Traditional customs bonds usually come in two forms: cash deposits and bank guarantees. "Bank guarantees are mainly issued to big companies with large credit lines, but difficult to obtain for small and medium-sized enterprises," Gao Haifeng, deputy director of Beijing Customs District, said at a news conference.

To ease the burden for SMEs, the local bureau started to explore the insurance scheme, under the guidance of the GACC. The insurance can reduce the overall operating costs of enterprises, such as the cost of capital and institutional transaction costs, and thus promote companies' development, Gao said.

For companies who have to pay deposit for 300 million yuan ($43.9 million) of tax each month, the insurance can help them save interest of 5 million to 10 million yuan annually, he added.

Exerion (Beijing) International Fine Arts Logistics Co Ltd, a service provider for trading art works, used to pay large amounts of deposit. For auctions this spring, its deposit amounted to 450 million yuan, according to the company's general manager Wang Wenzheng.

The company bought the Customs insurance on Tuesday helping it save capital costs and boosting the efficiency of imports, Wang said.

The Chinese government has been continuing efforts to promote reforms to delegate power, streamline administration and optimize government services.

SMEs have emerged as important pillars that support both the economy and social stability, which generates about 60 percent of GDP and 80 percent of jobs, according to China Association of SMEs.

Amid a wider nationwide push to reduce taxes and charges, there are targeted measures designed to support SMEs by lightening their financial burden.

Last May, China announced measures to encourage research and development by tech firms through favorable tax terms. SMEs in the technological sector can deduct an additional 75 percent of the R&D costs that occurred before paying taxes, effectively lowering their taxable income.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产成人精品视频 | 亚洲午夜在线 | 日本成人中文字幕 | 亚洲美女性生活视频 | 免费国产成人高清在线看软件 | 成人女人a毛片在线看 | 中文字幕人成不卡一区 | 69凹凸国产成人精品视频 | 欧美亚洲一区二区三区四 | 国产精品2020观看久久 | 免费一级 一片一毛片 | 欧美精品一区二区三区在线 | 美国一级大黄香蕉片 | 欧美精品久久久久久久免费观看 | 国产精品亚洲二线在线播放 | 国产亚洲福利精品一区二区 | 成人毛片免费 | 日美三级 | 亚洲高清国产一区二区三区 | 国产精品久久人人做人人爽 | 亚洲免费精品 | 国产精品二区页在线播放 | 精品欧美一区二区三区精品久久 | 亚洲成人偷拍 | 免费看a | 国产一级精品视频 | 国产一区二区三区久久精品小说 | 黄色美女网站视频 | 15—17女人毛片 | 蜜桃88av| 91在线产啪| 免费国产a国产片高清不卡 免费国产不卡午夜福在线 免费国产不卡午夜福在线观看 | 日韩一区二区在线免费观看 | 男人扒开腿躁女人j | 一区二区三区不卡在线观看 | 亚洲国产精品久久久天堂 | 九九99 | 久久99精品久久久久久青青91 | 无码免费一区二区三区免费播放 | 久久亚洲精品视频 | 欧美xxxxx九色视频免费观看 |