This English translation is for reference only. The Chinese version shall prevail in case of any inconsistencies.
Announcement on the Management of Bonded Operations within the Guangdong-Macao In-Depth Cooperation Zone in Hengqin
(Announcement No. 2 [2024] of Gongbei Customs)
Pursuant to the Notice by the Ministry of Finance, the General Administration of Customs and the State Taxation Administration on the Relevant Import and Export Tax Policies Regarding Goods Entering and Leaving the Guangdong-Macao In-Depth Cooperation Zone in Hengqin (No. 1 [2024] of the Ministry of Finance, the General Adminstration of Customs, and the State of Taxation Administration), and the Measures of the Customs of the People’s Republic of China for the Supervision and Control of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin (Announcement No. 202 [2023] of the General Administration of Customs), the following announcement is hereby made to further standardize the management of bonded operations within the Guangdong-Macao In-Depth Cooperation Zone in Hengqin (hereinafter referred to as the “Cooperation Zone”).
I. The bonded operations within the Cooperation Zone shall temporarily adopt the Golden Project Gate Phase II Special Customs Supervision Area Management System (hereinafter referred to as the “Golden Gate Phase II System”).
Enterprises engaged in bonded operations within the Cooperation Zone (hereinafter referred to as the “Bonded Enterprises within the Cooperation Zone”) are required to submit relevant data to the Customs through the “Single Window” platform for international trade, in accordance with the management requirements of the Golden Gate Phase II System.
II. Bonded Enterprises within the Cooperation Zone must possess the requisite facilities and premises necessary for their operations. The Customs shall manage the entry, exit, transfer, storage, and consumption of bonded goods through electronic accounts (hereinafter referred to as “accounts”), which are verified and endorsed based on the Bonded Verification and Endorsement List.
III. Bonded Enterprises within the Cooperation Zone engaged in processing trade, maintenance, and research and development involving bonded goods must establish processing accounts and select the appropriate account usage. Raw and auxiliary materials, parts, and components sourced from the Chinese mainland and used in such operations, if subject to export licensing or export duties, must be declared for export by the Chinese mainland consignor or the Bonded Enterprise upon entry into the Cooperation Zone;
The Customs shall manage the declared export goods that have entered the Cooperation Zone as bonded goods and carry out verification and endorsement of the processing accounts in accordance with the verification cycle, which shall be determined according to the actual production and operation cycle of the enterprise, typically not exceeding one year, unless otherwise specified by the supervising authority. With the approval of the supervising customs authority, qualified Bonded Enterprises within the Cooperation Zone may account for the consumption of bonded materials using various methods such as unit consumption, material consumption lists, and work orders according to their actual production and business operations.
Bonded Enterprises are prohibited from engaging in the processing trade of goods listed in the “Catalogue of Prohibited Commodities in Processing Trade”. The Customs will not establish or modify accounts for imported materials or exported finished products classified as prohibited commodities. Furthermore, the Customs will not implement unit consumption standards management for processing trade activities within the Cooperation Zone, nor will they apply restricted guarantee management measures for restricted processing trade commodities.
IV. Bonded Enterprises within the Cooperation Zone engaged in storage, logistics distribution, and financial leasing involving bonded goods must establish logistics accounts and accurately register warehouse addresses, storage areas, and capacities with the Customs. Logistics accounts are subject to bookkeeping-based administration, allowing Bonded Enterprises within the Cooperation Zone to independently choose between cumulative or non-cumulative accounting modes based on actual needs.
V. For bonded goods moving between the Cooperation Zone and overseas, Bonded Enterprises within the Cooperation Zone must complete the Bonded Verification and Endorsement List and the “Customs Recordation List for Inbound (Outbound) Goods of the People’s Republic of China”. Specific requirements for reporting the “Supervisory Mode” can be found in the attachment, and the “Transport Mode” shall be reported as per actual circumstances.
VI. When bonded goods circulate within the Cooperation Zone, or between the Cooperation Zone and special customs supervision areas or bonded supervision premises, Bonded Enterprises within the Cooperation Zone must complete the Bonded Verification and Endorsement List, wherein the “Supervisory Mode” should be reported as “Materials In and Out of the Zone” (Code 5000) or “Finished Products In and Out of the Zone" (Code 5100), with the “Transport Mode” indicated as “Other Transport” (Code 9). Enterprises in special customs supervision areas and bonded supervision premises shall handle relevant procedures in compliance with the Announcement No. 52 [2018] of the General Administration of Customs.
VII. Except as provided in Article 6, for bonded goods moving between the Cooperation Zone and other regions of the Chinese mainland, or for bonded goods sold within the Cooperation Zone and no longer subject to bonded policies, Bonded Enterprises within the Cooperation Zone must complete the Bonded Verification and Endorsement List and report supervisory modes as “Materials In and Out of the Zone” (Code 5000) or “Finished Products In and Out of the Zone” (Code 5100), with transport modes indicated as “Other Transport” (Code 9). The consignee or consignor, or the Bonded Enterprise within the Cooperation Zone must complete the Customs Declaration Form for Import/Export Goods of the People’s Republic of China, reporting supervisory modes as per actual circumstances and transport modes as “Comprehensive Pilot Zone” (Code T).
VIII. This announcement shall come into effect upon the official commencement of the closure and special customs operation of the Cooperation Zone.
Attachment: Supervisory Modes for the Entry and Exit of Bonded Goods Between the Guangdong-Macao In-Depth Cooperation Zone in Hengqin and Overseas
Gongbei Customs
February 21, 2024
Attachment：
Supervisory Modes for the Entry and Exit of Bonded Goods Between the Guangdong-Macao In-Depth Cooperation Zone in Hengqin and Overseas
1. For processing enterprises within the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, when importing raw materials from abroad and declaring the export of finished products under the category of processing trade with supplied materials, the declaration shall be filled out as “In-Zone Processing with Supplied Materials”(Code 5014). For processing enterprises within the same zone, when importing materials from abroad and declaring the export of finished products under the category of processing trade with imported materials, the “In-Zone Processing with Imported Materials”(Code 5015) shall be reported.
2. For the following categories of goods entering and exiting between the Cooperation Zone and overseas, the declaration shall be filled out as “In-Zone Logistics Goods” (Code 5034):
(1) Goods used for bonded logistics operations such as warehousing and distribution;
(2) Imported bonded financing lease goods entering the Cooperation Zone from overseas;
(3) Materials entering the Cooperation Zone from the Chinese mainland and declared for export without processing.
3. For exhibits entering and exiting between the Cooperation Zone and overseas, the declaration shall be filled out as “In-Zone Bonded Exhibits” (Code 5072).
4. For international transshipment goods entering and exiting between the Cooperation Zone and overseas, the declaration shall be filled out as “In-Zone International Transshipment” (Code 5073).
5. For materials and finished products used for research and development entering and exiting between the Cooperation Zone and overseas (excluding equipment for self-use or other purposes by enterprises), or for the return of the aforementioned goods and items to overseas after research and development, the declaration shall be filled out as “Special Zone R&D Goods” (Code 5010).
6. For goods entering and exiting between the Cooperation Zone and overseas for inspection and repair, the declaration shall be filled out as “Bonded Repair” (Code 1371).
7. For processing enterprises within the Cooperation Zone, when re-exporting imported materials under the processing trade with supplied materials, the declaration shall be filled out as “Re-export of Supplied Materials” (Code 0265). For processing enterprises within the same zone, when re-exporting imported materials under the processing trade with imported materials, the “Re-export of Imported Materials” (Code 0664) shall be reported.
8. For processing enterprises within the Cooperation Zone, when returning imported materials for exchange to overseas under the processing trade with supplied materials, the declaration shall be filled out as “Return and Exchange of Supplied Materials” (Code 0300). For processing enterprises within the same zone, when returning imported materials for exchange to overseas under the processing trade with imported materials, the “Return and Exchange of Imported Materials” (Code 0700) shall be reported.
9. For processing enterprises within the Cooperation Zone, when returning exported finished products for exchange from overseas to the Cooperation Zone under the processing trade with supplied materials, the declaration shall be filled out as “Return and Exchange of Supplied Finished Products” (Code 4400). For processing enterprises within the same zone, when returning exported finished products for exchange from overseas to the zone under the processing trade with imported materials, the “Return and Exchange of Imported Finished Products” (Code 4600) shall be reported.
10. For processing enterprises within the Cooperation Zone, when re-exporting scraps under the processing trade with supplied materials, the declaration shall be filled out as “Re-export of Supplied Scraps” (Code 0864). For processing enterprises within the same zone, when re-exporting scraps under the processing trade with imported materials, the “Re-export of Imported Scraps” (Code 0865) shall be reported.