- WHO: UNCTAD
- WHAT: China’s Trade Facilitation responses to the COVID-19 Pandemic
- WHY: How to fight against COVID 19 without disrupting trade flows?
- WHEN: April 08, 2020
China has been at the epicentre of disease Covid-19, and it has launched a series of trade facilitation and compliance measures since January 2020. Maintaining incoming trade flows of medical supplies and food products has been seen as crucial. China also sought to minimize the disruption of COVID-19 on its export trade flows, which supplies nearly 20% of the global intermediate-goods trade.
China launched an emergency plan in which the central government and local agencies joined efforts to promote cross-border trade facilitation. With this goal in mind, the plan emphasized simplified customs procedures and reduced port charges, inspections and quarantine.
Source: https://unctad.org/en/pages/newsdetails.aspx?OriginalVersionID=2328
Image Credit: Official website of the General Administration of Customs of China
