Starting a Business in China

Article 1 These Measures are formulated in accordance with the Customs Law of the People's Republic of China and other laws and administrative regulations, for the purpose of regulating Customs' administration on processing trades and implementing relevant provisions of the Circular of the General Administration of Customs and the Ministry of Foreign Trade and Economic Cooperation on Some Issues Concerning Supporting the Development of High-and-New Technology Industries.
Article 2 The Customs' supervision and administration on processing trade enterprises through computer interconnection refers to a method adopted by Customs to supervise and administrate the bonded goods, by means of collecting financial logistics, production and operation data necessary for supervision and administration with the help of computer networks connecting the processing trade enterprises which whole processes are managed by computers with the computer management system of the Customs. The Customs shall verify the data of production and logistics of the processing trades through computer network and perform on-site checks on the bonded goods according to circumstances. The processing trades shall go through relevant formalities, such as records, alteration, verification and product import/export with the Customs through the computer networks.
Article 3 A processing trade enterprise that is supervised and administrated through the computer networks (hereinafter referred to as a networked enterprise) shall be exempted from the system of machine account on bank guarantee funds.
Article 4 The networked enterprise shall provide the Customs faithfully with the data of enterprise record, import, inventory, export, single loss and finance which are requested for .