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GB/T 39458-2020: Terms of international trade facilitation
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| Standard ID | Contents [version] | USD | STEP2 | [PDF] delivered in | Standard Title (Description) | Status | PDF |
| GB/T 39458-2020 | English | 559 |
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Terms of international trade facilitation
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GB/T 39458-2020
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Basic data | Standard ID | GB/T 39458-2020 (GB/T39458-2020) | | Description (Translated English) | Terms of international trade facilitation | | Sector / Industry | National Standard (Recommended) | | Classification of Chinese Standard | A10 | | Classification of International Standard | 35.240.60 | | Word Count Estimation | 30,397 | | Date of Issue | 2020-11-19 | | Date of Implementation | 2021-06-01 | | Regulation (derived from) | National Standard Announcement No. 26 of 2020 | | Issuing agency(ies) | State Administration for Market Regulation, China National Standardization Administration | GB/T 39458-2020: Terms of international trade facilitation---This is a DRAFT version for illustration, not a final translation. Full copy of true-PDF in English version (including equations, symbols, images, flow-chart, tables, and figures etc.) will be manually/carefully translated upon your order.
(International trade facilitation terms)
ICS 35.240.60
A10
National Standards of People's Republic of China
International trade facilitation terms
2020-11-19 released
2021-06-01 implementation
State Administration for Market Regulation
Issued by the National Standardization Management Committee
Foreword
This standard was drafted in accordance with the rules given in GB/T 1.1-2009.
This standard was proposed and managed by the National Electronic Business Standardization Technical Committee (SAC/TC83).
Drafting organizations of this standard. China National Institute of Standardization, Shenzhen Zhongxin Electronic Commerce Transaction Guarantee Promotion Center, Yiwu Hexuan Import and Export
Co., Ltd., Trade Promotion Technology (Xiamen) Co., Ltd., Dongguan Science and Technology Consulting Service Center, Quality and Technical Supervision and Testing in Boluo County, Guangdong Province
Office, National Customs Information Center, Commercial Industry Committee of China Council for the Promotion of International Trade, National Port Management Office, China Electronic Port
Data Center, Beijing Zhongbiao Zongheng Standard Technology Co., Ltd., Zhejiang Institute of Inspection and Quarantine Science and Technology, Shandong University of Finance and Economics, China Metrology
the University.
The main drafters of this standard. Zhang Yinfen, Du Jia, Zhang Zhi, Yao Xin, Lan Bin, Wang Xiang, Lin Zhong, Luo Weiqiang, Fang Zhijian, Zhou Jinping, Pan Yao,
Make Peng, Zhao Min, Hu Wei, Zhang Yong, Tian Shuku, Xie Yan, Wei Min, Yu Junyang, Wu Caixia, Zhu Peiwu.
International trade facilitation terms
1 Scope
This standard defines the Chinese names, English names and definitions of commonly used terms in international trade facilitation.
This standard applies to the unification of concepts in the process of facilitation of international trade.
Note. This standard mainly refers to the "Trade Facilitation Terminology" (3rd edition) issued by the United Nations Trade Facilitation and Electronic Business Center in.2019.
2 term
2.1
Acceptance letter of credit
A letter of credit stipulating payment by forward draft.
Note. As long as the documents submitted under the letter of credit are consistent with the letter of credit, the issuing bank guarantees the acceptance and payment of the draft. Advantages of acceptance letter of credit
The reason is that even if the applicant (buyer) delays to fulfill the payment obligation until the bill of exchange is due, the beneficiary (seller) can also be paid immediately by discounting the bill.
2.2
Order confirmation
Commit to fulfilling the responsibility of the order and confirm or accept the documents of the agreed terms.
2.3
Recipient of electronic communication
The party that intends to receive electronic communications, but does not include the party that acts as an intermediary for the electronic communications.
2.4
Ad valorem tariff
Duties and taxes based on basic value.
2.5
Prepaid
Use the title certificate of the shipment as collateral to obtain a loan or advance payment.
2.6
Advance ruling
Before applying for the import of goods, the national administrative agency provides a written decision to the applicant. The decision stipulates that the administrative agency shall
The treatment provided by the goods.
2.7
Document Distribution Notice
The party responsible for issuing a full set of trade documents will list the original and duplicate documents to be issued to each recipient.
The number of distributed copies is specified.
2.8
Charter transportation
An agreement by a shipping company to provide the cargo space of a ship to an exporter or importer at an agreed rate at an agreed time.
Note. Even if the latter fails to deliver the shipment, the latter will have to bear the payment responsibility (or contract marine cargo transportation according to the remuneration determined under the charter party or bill of lading).
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