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China

Refined reform reduces transportation 'hard costs' for the Asia Europe Golden Corridor

2024-08-22   

Recently, a batch of imported frozen meat products from Russia and Belarus arrived at Chengdu International Railway Port in Qingbaijiang District, Chengdu through the China Europe freight train. After smooth customs clearance, these meat products were transported to Sichuan and surrounding provinces and cities for sale. The goods have enjoyed the discount of 'domestic freight not included in the taxable price', which can save about 60000 yuan in tax expenses, "said Chen Pu, the customs manager of Chongqing Bolitong International Freight Forwarding Co., Ltd., the agent of this batch of goods. As of July 2024, the China Europe freight train has reached 224 cities in 25 European countries and connected more than 100 cities in 11 Asian countries, forming a golden channel with a service network covering the entire Asia Europe region. Since the second half of last year, the company's cold chain business has significantly increased in quantity In Chen Pu's view, the reason why more and more customers choose the China Europe freight train is closely related to the refined reform measures launched in recent years around the China Europe freight train. "These reforms have truly reduced the 'hard costs' for enterprises." Chen Pu's introduction of the reform to reduce the' hard costs' of enterprises is due to the in-depth research of customs on the cost structure of international railway transportation and customs valuation regulations. The China Europe freight train is usually organized according to the principle of 'one order to the end, one settlement, segmented transportation, and full responsibility'. Although the pricing rules are simple and clear, there is no breakdown of the overseas and domestic transportation costs, and the transportation and related expenses after domestic loading and unloading can be excluded from the customs dutiable price, which causes enterprises to bear unnecessary tax burdens. "said Weng Yi, the third level organizer of the Comprehensive Business Department of Qingbaijiang Customs under Chengdu Customs. After extensive research with enterprises, Qingbai Jianghai proposed to carry out a reform of segmented settlement and valuation management of freight charges for China Europe freight trains in 2019, deducting domestic freight charges from the dutiable value to help enterprises reduce international logistics costs. We can save about 3300 yuan in taxes and fees with one refrigerated container now. Although the individual amount is not high, due to the continuous increase in import quantity, it can bring great convenience to the company's capital turnover and daily operations in the long run, "said Chen Pu. According to statistics, since the implementation of the reform of segmented settlement and valuation management for freight charges of China Europe freight trains, Qingbaijiang Customs has accepted nearly 10000 segmented return freight declaration forms from enterprises, reducing taxes for enterprises by a total of 3 million yuan. This reform has also been promoted nationwide, and the scope of the reform has been expanded to all eligible foreign trade enterprises and the entire China Europe freight train line. The scope of goods has also been expanded to include imported goods such as timber, mineral products, rapeseed oil, meat, etc. that meet the conditions, "said Weng Yi. Enterprises are the biggest beneficiaries of deepening reforms. Through the 'Railway Express' model, our goods can be declared in advance upon entry, and the customs clearance time for goods has been shortened from 5 days to 5 hours. More and more customers are starting to use the China Europe freight train as an important logistics channel Taking the import and export customs declaration data of enterprises as an example, Chen Pu's company completed 609 import and export goods declarations in the first half of the year, with a business data increase of 28% compared to the same period last year, and the company's gross profit increased by 20.83% year-on-year. We will further optimize the transportation organization process, build smart land ports, continuously improve the business environment, and use more reform measures to make enterprise operations more efficient and convenient Long Qubo, the head of the marketing department of Chengdu International Railway Port Investment and Development Co., Ltd., said. (New Society)

Edit:He Chuanning Responsible editor:Su Suiyue

Source:Xinhua

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