Frequently asked questions
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What is ZTrade?
ZTrade is a platform that facilitates the export of goods to China by providing manufacturers and traders with green lane access. It operates by allowing users to upload their certificate of origin into the system. This certificate is an important document that verifies the country of origin of the goods being exported. By uploading this document, ZTrade aims to streamline the export process by ensuring that the necessary documentation is readily available for customs authorities in China.
What are the system requirements for using ZTrade?
To use ZTrade, you will need an internet connection. You can access the ZTrade website from any web browser. There are no specific software or hardware requirements, as long as you have a device with internet connectivity and a compatible browser, you can access and utilise the ZTrade platform.
Who should register as a ZTrade user?
ZTrade is open to anyone from any country who is looking to export goods to China and wants to benefit from the green lane access. Currently, our pilot run is limited to companies registered with Malaysia’s SSM (Companies Commission of Malaysia). However, in the future, we plan to expand our services to accommodate users from other countries as well.
What is a certificate of origin, and why is it important for trading?
A certificate of origin is an official document that confirms the country in which a product or commodity was manufactured. It provides important information about the origin of goods and is crucial for international trade, as it determines eligibility for preferential trade agreements, import duties, and customs regulations.
How can I apply for trade documents through ZTrade?
ZTrade is a platform for securely storing your original certificate of origin within the blockchain. To apply for trade documents, such as the certificate of origin, you need to follow the procedures of your local authorities. For example, in Malaysia, you can obtain it from MITI-authorised organisations. Once you have the original document, you can upload it to ZTrade for easy access by customs authorities in China.
How does blockchain technology enhance the authenticity and security of certificate of origin documents?
Blockchain technology can enhance the authenticity and security of certificate of origin documents by providing an immutable and transparent record of their existence. By storing certificate data on a decentralised and tamper-proof blockchain, it ensures that the information remains unchanged and verifiable, increasing trust and reducing the risk of fraudulent or counterfeit certificates.
What are the benefits of using a blockchain-based certificate of origin system compared to traditional methods?
Using a blockchain-based certificate of origin system offers several advantages over traditional methods. It improves efficiency by streamlining the verification process, and provides real-time access to authenticated certificate data. Additionally, blockchain technology enhances security and trust through its tamper-proof nature, making it difficult for certificates to be falsified or manipulated.
Can you explain the process of uploading a verified certificate of origin through your platform?
How can I verify the authenticity of a certificate of origin uploaded through your platform?
Through our platform, you can verify the authenticity of a certificate of origin by accessing the blockchain record associated with the uploaded document. The blockchain provides an immutable and transparent history of the certificate, allowing you to independently verify its authenticity by confirming that it matches the information stored on the blockchain.
What do I need to do as an importer?
Once you have received the digital certificate of origin from the exporter, you will need to upload it to the digital certificate of origin
Do I need to pay for using ZTrade?
Registration Fee (one-time payment)
RMB 400
Platform Fee (one-time payment)
RMB 1,000
- Includes:
Maintenance and updates
Free training session (1x)
Customer service support
Document Fee Certificate of Origin (CO)
RMB 200
One document per submission
Value Pack Document fee - Certificate of Origin (CO)
RMB 750
Equivalent to RMB 150 per certificate
|
Item |
Fees |
Details |
|
Registration Fee (one-time payment) |
RMB 400 |
|
|
Platform Fee (one-time payment) |
RMB 1000 |
Includes: *Maintenance and updates *Free training session (1x) *Customer service support |
|
Document Fee – Certificate of Origin (CO) per submission |
RMB 200 |
One document per submission |
|
Value Pack Document Fee – Certificate of Origin (CO) |
RMB 750 |
Equivalent to RMB150 per certificate |
These fees cover the services provided by ZTrade, including platform access, customer service support, and maintenance.