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Jiaxing enterprise obtains AEO certification

chinadaily.com.cn| Updated : Jun 27, 2023

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Zhenshi Holding Group Co Ltd in Jiaxing, Zhejiang province obtains AEO certification from Jiaxing Customs. [Photo/tianmunews.com]

Zhenshi Holding Group Co Ltd in Jiaxing, Zhejiang province recently obtained Authorized Economic Operator (AEO) certification from Jiaxing Customs.

AEO, as certified by China Customs, allows enterprises to experience more customs clearance efficiency and reduces trade costs in countries or regions with mutual recognition agreements.

As of now, China Customs has signed AEO mutual recognition agreements with 52 countries or regions from 26 economies, including Singapore, the European Union, and South Africa, and has maintained its globally leading position in terms of the number of countries or regions with mutual recognition agreements.

Zhenshi Holding Group Co Ltd is an enterprise engaged in the processing and manufacture of wind power substrates and special steel materials, mainly exporting to more than 30 countries and regions, including the EU and Indonesia.

"Our export volume is relatively large, which makes the AEO, an international trade 'green channel', especially beneficial for us and gives us more confidence in international competition," said Wu Chaoling, the enterprise's customs manager.

Jiaxing Customs currently has 23 enterprises with AEO certification. From January to May, the imports and exports of the 23 enterprises were valued at 23.91 billion yuan ($3.31 billion), accounting for 13.56 percent of the city's total.

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