First Ghanaian-invested enterprise registers in Jincheng


Updated: 2021-02-04

Jincheng city in southeastern Shanxi province recently completed the registration of its first Ghanaian-invested enterprise with the help of the local customs department.

Upon learning that the enterprise intends to conduct import and export business, Jincheng customs promptly visited the company to learn about its needs and implemented one-stop targeted foreign investment services. Customs officials also helped guide the enterprise to complete its registration.

"After telephone consultation, our enterprise completed the registration of import and export consignees and consignors and obtained the qualification for customs declaration and inspection within one day, which saved operating costs and facilitated our import and export business," said the enterprise's director Gideon Asare.

The enterprise's main export products are daily necessities, including glass and plastic bottles. The company is expected to have an annual export value of 2 million yuan ($309,669.32), with its target export country being Ghana – an African nation involved in the Belt and Road Initiative.

In the future, Jincheng customs will fully embrace its role as a bridge to advance the city's opening-up and strengthen communication with Jincheng's commerce, market regulation and taxation government departments. The customs department will also promote cooperation in trade facilitation, industrial service innovation, and the optimization of business operations and corporate services.