What Is an Import Quota?

The import quota is the import quota. A country stipulates the quantity or amount of various commodities to be imported in a certain period of time. Import can only be made within the specified quantity and amount range, and beyond the range, import is not allowed or a license system is implemented. Its main measures include: implementing foreign exchange control, imposing domestic taxes on imported goods, formulating regulations for purchasing domestic goods and restricting foreign goods, complicated customs procedures, cumbersome hygiene, safety, quality standards, and packaging and decoration standards. According to national regulations, the customs of our country has stipulated the items that are required to be imported after inspection and quarantine, as well as the items with large domestic differences that require import and export restrictions. The main ones are animals and plants, their products, and household appliances. ^[1]

Import quota

The import quota is the import quota. A country stipulates the quantity or amount of various commodities to be imported in a certain period of time. Import can only be made within the specified quantity and amount range, and beyond the range, import is not allowed or a license system is implemented. Its main measures include: implementing foreign exchange control, imposing domestic taxes on imported goods, formulating regulations for purchasing domestic goods and restricting foreign goods, complicated customs procedures, cumbersome hygiene, safety, quality standards, and packaging and decoration standards. According to national regulations, the customs of our country has stipulated the items that are required to be imported after inspection and quarantine, as well as the items with large domestic differences that require import and export restrictions. The main ones are animals and plants, their products, and household appliances. ^[1]

import

Means right

China's policy on the import of mechanical and electrical products is:

Encourage the import of advanced technology equipment and high-tech products;

Discourage the import of general processing equipment and high-end consumer goods;

The import of mechanical and electrical products that endanger national security and the physical and mental health of citizens is prohibited.

At the same time, imported mechanical and electrical products must meet international or bilateral (China and country of origin) recognized technical standards for safety and environmental protection, and product safety and environmental protection certification provided by international or bilateral recognized institutions.

The State has established the National Machinery and Electrical Products Import and Export Office (hereinafter referred to as the State Mechanical and Electrical Products Import and Export Office), which is responsible for the coordination, management, inspection and supervision of the import of mechanical and electrical products nationwide.

Under the guidance of the State Electrical and Mechanical Import and Export Office, the administrative agencies designated by the provinces, autonomous regions, municipalities directly under the Central Government and cities with separate plans, open coastal cities, special economic zones, and the relevant departments of the State Council (hereinafter referred to as regions, ministries)

Door electromechanical products import management agency) is responsible for the import management of electromechanical products in this region and department.

According to the country's industrial policy and industry development plan, a moderate amount of imports is required to regulate market supply, but excessive imports will seriously damage domestic related industrial development of mechanical and electrical products, mechanical and electrical products that directly affect the import structure and industrial structure adjustment, and endanger national foreign exchange earnings. Supported mechanical and electrical products are included in the quota product catalog and quota management is implemented.

Importers of mechanical and electrical products managed by import quotas must complete the Application Form for Import of Mechanical and Electrical Products and provide relevant documents and information to the regional and departmental import and export agencies of mechanical and electrical products. The Office of Mechanical and Electrical Import and Export shall examine and approve and issue the Import Quota Certificate.

The import unit obtains the quota certificate and receives the Import License from the Ministry of Foreign Trade and Economic Cooperation, and the customs inspects and releases it based on the Import License.

The state implements non-quota management for electromechanical products other than import quota management. Among them, mechanical and electrical products that have been developed or introduced in China and need to accelerate their development are listed in specific product catalogs and open tendering is implemented. The State Office of Mechanical and Electrical Import and Export will issue the "Import Certificate" according to the successful bidding results; For other non-quota managed mechanical and electrical products, an automatic registration system is implemented.

Regarding non-quota management electromechanical products that implement the automatic registration system, registration management shall be implemented by the electromechanical product import management agencies of various regions and relevant departments. Each importing unit shall obtain the registration form from the local and departmental import and export agency of mechanical and electrical products in accordance with regulations, and fill in the importation variety, quantity, amount, country, etc.

The import certificate (including quota certificate, the same below) is valid for one year. If the imported product has not arrived for a reasonable reason within the validity period, the importing unit may apply to the original certification authority for an extension.

China also needs quotas on imported poultry meat.