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Market still adjusting as new Chinese export regulations take effect
Starting in 2026, many Chinese exporters are facing operational bottlenecks due to the new steel export license regulations. Delays in shipments and order receipt, incomplete system integration, and inconsistencies between customs and tax requirements have caused significant inconvenience.
Under the new system, tax authorities will issue certificates and transmit electronic data directly to customs. Customs will then verify the certificates against customs declarations during clearance and provide feedback on their usage.
Sources say that since the new export requirements were introduced, the situation at Chinese ports has been quite chaotic. Strict customs inspections and document requests have caused delays and congestion at some ports.
It is claimed that non-tax transactions have decreased significantly since the licensing system was announced. However, industry insiders say the decline in non-tax transactions is not primarily due to policy restrictions, but rather sellers' concerns about potential risks.
Under the new system, tax authorities will issue certificates and transmit electronic data directly to customs. Customs will then verify the certificates against customs declarations during clearance and provide feedback on their usage.
Sources say that since the new export requirements were introduced, the situation at Chinese ports has been quite chaotic. Strict customs inspections and document requests have caused delays and congestion at some ports.
It is claimed that non-tax transactions have decreased significantly since the licensing system was announced. However, industry insiders say the decline in non-tax transactions is not primarily due to policy restrictions, but rather sellers' concerns about potential risks.
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