The People's Bank of China and two other departments have extended the validity period of the "permit license" for one batch to three months.
The People's Bank of China and the General Administration of Customs have issued a notice soliciting opinions on the "Management Measures for the Import and Export of Gold and Gold Products." It mentions clarifying effective measures and systems practiced in practice to promote trade facilitation and stimulate market vitality. For example, extending the validity period of the "permit" for a batch of goods to 3 months, and optimizing the use of the "permit" for non-batch goods.
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