Recently, the People's Bank of China and the General Administration of Customs have jointly issued the Announcement [2016] No.32, adjusting the Catalogue of Gold and Gold Products Subject to Import and Export Administration.
The Announcement clearly states that any entity which imports or exports "other gold compounds (HS code: 2843300090)" and "gold jewelry with diamonds and parts thereof (HS code: 7113191100)" shall be exempt from obtaining the Import and Export License of the People's Bank of China for Gold and Gold Products. According to the Announcement, the adjusted Catalogue of Gold and Gold Products Subject to Import and Export Administration shall take effect on January 1, 2017, and the catalogue attached to the Joint Announcement of the People's Bank of China and the General Administration of Customs [2015] No.44 -- Announcement on Matters Relating to the Import and Export of Gold and Gold Products shall be repealed. Also, the adjusted Catalogue of Gold and Gold Products Subject to Import and Export Administration is released along with the Announcement.