The 4th Customs Salon: New Opportunities for Digital Trade

2021-09-15 10:09:00

Source: SRCA

To share the China's market opportunities with the countries along the Belt and Road and effectively promote the international cooperation of digital trade, the 4th Customs Salon was held in Beijing on September 15th. The event was hosted by China Customs Brokers Association (CCBA) and Silk Road Cities Alliance (SRCA) and co-organized by LONGNOWS Ltd..
With the rapid development of global economic integration and international logistics industries, the construction of "single window" for international trade has been strongly advocated by many international organizations. Therefore, this salon focused on the topic of China's International Trade Single Window and Digital Trade. Attendees included Mr. Zhu Gaozhang, President of CCBA, Mr. Song Ronghua, Founder of SRCA, Ms. Qian Shuying, General Manager of LONGNOWS Ltd., and diplomats from Embassies of Finland, Egypt, Turkey, Latvia, Germany, Iran, Belgium and other countries. 
Mr. Zhu Gaozhang shared his views on digital trade. Digital trade is not only an important product of a new round of scientific and technological revolution and industrial reform, but also an important support for industrial innovation and, in China’s context, unblocking the domestic and international double cycle. In recent years, China's digital trade is booming. According to statistics, the proportion of China's digital trade in service trade has increased from 19% in 2018 to 22.3% in 2019 and 25.6% in 2020 respectively. Since 2012 China's digital trade increased by 20.5% year-on-year, 15.6% higher than the overall growth rate of service trade. In particular, knowledge intensive trade in services has increasingly become a new engine for high-quality economic development.
Under this general global trend, on the one hand, the development of digital technology and digital trade can make it easier for suppliers to realize personalized product design and customization, so as to improve the adaptability of the supply system to domestic demand.
On the other hand, China's digital economy has spawned a huge demand for the import of digital services, which has not only effectively maintained the stability of the global industrial chain and supply chain, but also greatly promoted the smooth flow of the international economic cycle. Since 2012, China's import of digital services has increased by 6% annually, 1% higher than that of the world.
In the future, China will continue to increase its openness and cooperation with other countries, particularly those Belt & Road countries in trade digitization and digital trade, which will make it the key direction for China to develop digital trade and keep promoting the double cycle of domestic and international markets.
Mr. Zhou Jinping introduced the construction of China National Single Window. Since its launch in May 2017, the national single window has covered cargo declaration, manifest declaration, transportation declaration, license application, certificate of origin application, enterprise qualification processing, query statistics, tax rebate, E-payment and other 18+ basic service function. It completed information exchange and sharing cross 25+ ministries including Transport, Industry, Security, Tech, Commerce, Taxation, Central Bank, etc.. It has built close relationaship with UN/CEFACT, UNESCAP, WTO, WCO, ASEM, APEC, IRU, IATA, and cooperated with Netherlands, Russia, Kazakhstan, Vietnam, Cambodia and other countries in the single window field. It has reached 4.43+ million registered users, 12+ million daily transactions, 100% popularization level, with the advantages of "simpler formalities, optimal process, higher efficiency, lower cost". In the future, China’s single window will improve the level of facilitation, speed up the development of intelligence and align with international standards to make trade smooth.
Mr. Wang Guoqiang mentioned in his lecture. To face the era challenges of volatility, uncertainty, complexity, and ambiguity, the customs system needs digitalization to seize opportunities and overcome difficulties. As a leader in China's customs information industry and a leading enterprise in customs and compliance digitalization, LONGNOWS is dedicated to customs clearance technology industry and carries out the mission of "making customs clearance more convenient and trade more compliant". Its product family mainly includes four sections. Jinguan Star-Customs Management System serving the import and export enterprises; CCBA Customs Clearance Platform serving the customs declaration enterprises; Segis Freight Forwarding platform serving logistics freight forwarding enterprises; as well as customized projects of China customs and electronic ports. The company  built an ecosystem of customs and compliance industries among shippers, regulatory authorities, customs brokers and logistics service enterprises, and became the first full-link technology service provider for international trade.
The guests also discussed regarding to the issues such as data security, import and export procedures on single window, and how other countries can cooperate with China's single window. In addition, Mr. Song Ronghua, founder of SRCA, shared information of 2 upcoming events in Shanghai CIIE in November, namely The 5th Customs Salon and The 1st World Conference on Best Practicing of Carbon Neutrality. The Mid-Autumn Festival is approaching, the organizer specially prepared moon cakes to wish the guests a happy festival and family reunion.
The Customs Salon is a non-profit platform jointly sponsored by SRCA and CCBA, and participated by officials of foreign embassies and consulates, as well as international import and export enterprises. The Customs Salon aims to explore the issues of "policy, tendency and universality" in customs affairs, to help the participants keep updated on China’s customs policies, regulations and development trend, to strengthen Sino-foreign customs exchanges, and to build a bridge for Sino-foreign trade facilitation. The Customs Salon will be held every two months. In addition to lectures, visits and exchanges to China's airports, ports and free trade zones will be organized to help participants learn about China’s customs procedures. The Customs Salon will also recommend qualified third party customs service companies.
The event was organized by Silk Road Global Information Co., Ltd. and Yunmaofu (Beijing) Information Technology Co., Ltd., with the support of China Tea King and CIFCO Health Care.