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Regulations of the People’s Republic of China on Gold and Silver Imported by Foreign Experts

source:www.gov.cn release date:2015/01/30 hits:410

Foreign experts who carry gold, silver - or products made of gold or silver - should declare them to China Customs, and Customs officers are likely to approve reasonable quantities for private use.

Items which are over the legal limit will be regarded as imported goods - and the owner must obtain a legal document issued by the head office of the People’s Bank of China. The owner will also be required to pay tax. Duty-free gold, silver or products made of gold or silver - and approved by China Customs - can be left in the country.

Gold and silver – or products made of gold or silver – which are set to be taken out of China should be re-examined by Customs officers, and compared to the Customs records concerning quantities and weight. Unregistered or large amounts of gold, silver - or products made of gold or silver – are not permitted to be taken out of China.

Manufacturers of gold and silver or products made of gold or silver - for example, hand-made artifacts - purchased by foreign experts with foreign currency within China, should normally issue special invoices for these items. The invoices allow the owners to carry or mail these products outside China.