Trading Across Borders
This table summarizes the procedures and costs associated with setting up a business in China.
| Nature of Export Procedures | Duration (days) | US$ Cost |
|---|---|---|
| Documents preparation | 14 | 210 |
| Customs clearance and technical control | 2 | 70 |
| Ports and terminal handling | 2 | 85 |
| Inland transportation and handling | 3 | 95 |
| Totals: | 21 | 460 |
| Nature of Import Procedures | Duration (days) | US$ Cost |
|---|---|---|
| Documents preparation | 15 | 260 |
| Customs clearance and technical control | 4 | 70 |
| Ports and terminal handling | 2 | 80 |
| Inland transportation and handling | 3 | 135 |
| Totals: | 24 | 545 |
| Export documents | Import documents |
|---|---|
| Bill of lading | Bill of lading |
| Cargo release order | Certificate of origin |
| Certificate of origin | Commercial invoice |
| Commercial invoice | Customs import declaration |
| Customs export declaration | Foreign exchange authorization |
| Packing list | Packing list |
| Terminal handling receipts |