Shanghai Customs Releases New Measures to Optimize the Business Environment and Promote Foreign Trade

On July 21, 2023, Shanghai Customs released the Several Measures to Optimize the Business Environment and Promote the Stable Scale and Optimum Structure of Foreign Trade (the “Measures”), which includes 29 measures in six aspects.

The Measures cover the promotion of high-level institutional opening, the acceleration of the movement of imports and exports, the assistance of foreign trade companies to expand their markets, the support of high-quality development of key industries and new business forms, the deepening of the construction of Shanghai as an international trade and shipping center, and continuous improvement of trade facilitation.