Businesses shipping with UPS will benefit from smoother clearance facilitation by customs administration
SHANGHAI, November 14, 2017 – UPS (NYSE:UPS) today announced that it has been awarded the General Certified Enterprise (GCE) certification under China’s Authorized Economic Operator (AEO) scheme in Guangzhou, Beijing, Tianjin, Xi’an, Qingdao, Dalian, Zhengzhou, Chengdu and Xiamen. The certification recognizes UPS’s commitment to ensuring a secure and compliant supply chain for export shipments from China.
“When it’s easier to cross borders, it’s easier to trade,” said Harld Peters, President of UPS China. “As a trade enabler, UPS is in the business of simplifying cross-border trade for our customers. This certification strengthens UPS’s network in China, and boosts the competitiveness of our customers. With recent service enhancements across 20 cities, we are well-equipped to help customers capture opportunities arising from e-commerce and the opening of new trade corridors.”
In October, UPS announced a series of service enhancements to strengthen the competitiveness of Chinese customers in the global marketplace. Together with streamlined brokerage processes, customers benefit from extended cut-off times for export shipment pick-ups and improved transit times resulting from ground network enhancements.
The certification allows UPS customers in the nine cities to enjoy numerous benefits, including lower customs inspection ratios for exporting and importing goods, simplified declaration formalities, faster release and more efficient customs clearance.
Projects like the ‘Belt and Road Initiative’ demonstrate China’s efforts to improve global competitiveness and position its economy for long-term growth. Statistics from China’s Ministry of Commerce show that China’s cross-border e-commerce revenue in 2016 saw a 28.2 percent year-on-year increase1.
UPS (NYSE: UPS) is a global leader in logistics, offering a broad range of solutions including transporting packages and freight; facilitating international trade, and deploying advanced technology to more efficiently manage the world of business. Headquartered in Atlanta, UPS serves more than 220 countries and territories worldwide. The company can be found on the web at ups.com® or pressroom.ups.com and its corporate blog can be found at longitudes.ups.com. To get UPS news direct, follow @UPS_Asia on Twitter.
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