According to an announcement by the People’s Bank of China and China Customs on April 30, the two agencies have streamlined the import-export permit system for gold and gold products. Frequent traders can now obtain multi-batch permits valid for 9 months from issuance, allowing multiple customs clearances within the validity period and prescribed quantities. The new policy expands applicability to 15 customs regions including Beijing, Shanghai, and Shenzhen. The regulations take effect on June 1, 2026, superseding previous announcements from 2016 and 2017.
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