Does China Support Re-export Trade? Learn More!

My company is engaged in re-export trade and needs to fill out a Certificate of Origin, but I don’t know how to start. I want to understand the requirements for filling in shipper and consignee information, among other aspects. The best answer indicates that the shipper often refers to the re-export trader, and the consignee is the actual recipient in the final destination country. The goods description must be accurate and detailed, the transportation route should reflect transit information, special clauses must be noted, and all information must be true and accurate. Additionally, different countries and regions may have specific requirements that need to be understood in advance.

A company with re-export trade business seeks financing, asking how to obtain re-export trade financing, the conditions to be met, and the available channels, as well as convenient and low-cost methods. The best answers suggest applying for trade finance products with banks, providing relevant documents to prove the authenticity of the trade, or utilizing supply chain finance platforms. At the same time, pay attention to ensuring a genuine trade background, monitor exchange rates, and compare costs from multiple financial institutions.

Working in a trading company requires verifying re-export trade volume. Due to complex processes, traditional methods are found unsuitable. Seeking reliable methods. The best answer suggests starting with logistics documents like bills of lading and invoices to verify cargo movement and value. Additionally, assistance can be sought from shipping companies, freight forwarders, customs data, and trade partners for cross-verification, ensuring accurate assessment of re-export trade volume through multiple channels.

Interested in Russia’s re-export trade, wanting to understand the specific operations, including whether to establish a transit company in Russia, and practices regarding cargo transportation and document processing. The best answer indicates that Russia’s re-export trade requires arranging cargo transportation to suitable transit locations, rigorous document handling, proper warehousing and repackaging of goods at the transit location, attention to policies and regulations, and seeking assistance from professional agents like Zhongmaoda.

A company states it is involved in re-export trade and has doubts about revenue recognition because the goods do not pass through China. It asks whether signing a contract or delivering goods to the end customer, among other things, should be the standard for revenue recognition. The best answer points out that revenue is usually recognized according to the five-step model of Enterprise Accounting Standard No. 14 – Revenue, and it is generally more reasonable to recognize revenue when control of the goods is transferred to the end customer. It also elaborates on the specific content of the five-step model.

Curious whether Hong Kong trade is solely re-export trade and wanting to understand its specific composition. The best answer indicates that Hong Kong trade is not entirely re-export trade; re-export trade is an important component, but there are also forms such as local product exports and service trade. These various forms of trade collectively build Hong Kong’s diversified trade system.