RCEP preferential dividends continued to be released in the first half of the year, benefiting both enterprises and consumers
Data released by the General Administration of Customs on the 19th showed that in the six months since the Regional Comprehensive Economic Partnership Agreement (RCEP) came into effect on January 1, 2022, my country’s exports Enterprises applied for RCEP certificates of origin and issued 266,000 declarations of origin, with a goods value of 97.9 billion yuan, and could enjoyimportcountrytariffs A reduction of 710 million yuan; the value of imported goods enjoying preferential treatment under RCEP is 23.86 billion yuan, and the tariff reduction is 520 million yuan.
In order to promote the implementation of RCEP, the General Administration of Customs has introduced the “approved exporter” system; optimized the online application, intelligent review, self-service printing and other functions of the export certificate of origin; made full use of the RCEP origin liaison mechanism to coordinate 24 batches of 46.9 Billions of export goods have been smoothly enjoyed benefits; coordination has enabled 7 member countries to accept self-printed certificates of origin for our export companies, and more than 85% of export companies’ RCEP certificates of origin enjoy this convenience; for import companies that have not yet obtained the certificate of origin due to foreign reasons Certified goods will be released under guarantee, and companies that submit additional certificates afterwards will enjoy an import discount of 7.3 billion yuan.
At the same time, the customs also continues to deepen exchanges and cooperation with RCEP member states in the field of customs inspection and quarantine, pragmatically promotes the export of high-quality agricultural products from RCEP member states to China, and signed protocols for the export of agricultural products to China with Myanmar and Cambodia; Newly introduced technical trade measures were dynamically monitored and analyzed, and 19 unreasonable measures were negotiated and dealt with; the RCEP customs-related chapter and rules were interpreted, textual rules interpretation and guidance on measures for exporting toys, aquatic products, building and sanitary ceramics, etc. were issued to proactively guide enterprises Making full use of the various rules and institutional benefits of RCEP has created a good external atmosphere for the implementation of the agreement.
It is understood that in order to guide enterprises to make full use of policy dividends, the customs will guide enterprises that meet relevant requirements to actively apply for approved exporter qualifications; continue to promote self-service printing of certificates of origin; and resolve issues affecting the enjoyment of Chinese enterprises through the RCEP origin implementation contact point. Various issues related to the timeliness of benefits; continue to strengthen corporate training and policy guidance to help more companies master RCEP tariff reduction arrangements and rules of origin.
Since January 1 this year, RCEP has officially come into effect for 10 countries including Brunei, Cambodia, Laos, Singapore, Thailand, Vietnam, China, Japan, Australia and New Zealand. It has come into effect for South Korea since February 1. It will take effect for Malaysia on the 18th and for Myanmar on May 1st. From January to May, the trade volume between China and ASEAN reached US$371.21 billion, a year-on-year increase of 10.2%; the trade volume with South Korea and New Zealand also increased.
Currently, the number of effective members among the 15 signatory member states of RCEP has reached 13, continuously releasing more dividends for enterprises and consumers of each member state.
Businesses and consumers both benefit
——After RCEP takes effect, the direct zero-tariff ratio between China and ASEAN, Australia, and New Zealand exceeds 65%, the direct zero-tariff ratio with South Korea reaches 39% and 50%, and the direct zero-tariff ratio with Japan reaches 25%. % and 57%.
In the past six months, many enterprises in traditional foreign trade provinces have fully benefited from the tariff concessions, simplified customs clearance, trade and investment facilitation and other dividends brought about by the entry into force of RCEP.
In Zhejiang, within the first month after RCEP came into effect on January 1, the province issued 5,190 preferential certificates of origin, with a value of more than 240 million U.S. dollars, and provided tariff reductions of more than 13 million yuan for relevant companies. From January to April, RCEP provided import and export tax incentives of over 40 million yuan for Zhejiang enterprises, and Zhejiang Province’s imports and exports to other RCEP member states increased by 10.5% year-on-year.
Ningbo Shidanu Import and Export Co., Ltd. successfully issued an RCEP declaration of origin for a batch of clothing products exported to Australia in January. A staff member of the company told reporters that Australia and ASEAN countries among the RCEP members are important overseas export markets for the company. “This statement is Ningbo’s first RCEP declaration of origin, which enables the company’s goods to enjoy zero tariff treatment in the importing country, which is extremely This greatly enhances the autonomy and flexibility of the company’s foreign trade business.”
Industry development is facing more opportunities. In Guangdong, as RCEP comes into effect and market access is relaxed, more products are pouring into the international market, prompting Guangdong ceramic companies to further transform and upgrade. Zhu Zhifang, the person in charge of customs affairs of Guangdong Ouwenlai Ceramics Co., Ltd. introduced that the company has used new tactile technology in a variety of independently developed new products to develop the RCEP market. “This year Since then, the company has applied for 9 RCEP certificates of origin for exporting Korean ceramic tiles, with a value of more than 2.58 million yuan, and is expected to enjoy a tariff reduction of more than 100,000 yuan.”
RCEP has also brought a richer consumption experience to Chinese consumers. On the day RCEP came into effect, tariffs on a large number of products were immediately reduced to zero. Among them, the direct zero-tariff ratio between China and ASEAN, Australia, and New Zealand exceeds 65%, the direct zero-tariff ratio with South Korea reaches 39% and 50%, and the direct zero-tariff ratio with Japan reaches 25% and 57%.
“Japanese home appliances, Southeast Asian fruits, Australian milk powder… People who often buy imported goods can feel that in the past six months, there have been more and more high-quality imported goods, and the prices of some goods have dropped.” Ms. Chen, a white-collar worker in Beijing, said. According to the relevant person in charge of the Ministry of Commerce, foreign high<font color="#FF80��.
Gu Xueming analyzed that RCEP has reduced tariffs on trade goods in regional countries and has had a positive effect on regional trade investment and industrial chain supply chain value chains through high-level economic and trade rules. At the same time, RCEP also encourages enterprises to rely on the comparative advantages of each member country to conduct cross-border integration, optimize the layout of regional industrial and supply chains, and improve overall productivity and product competitiveness. “In this gradual adjustment process, each member country has the opportunity to rely on its own Participate in and continuously improve its position in the regional value chain with advantages, and promote the formation of a mutually beneficial and win-win regional industrial chain and supply chain cooperation pattern.”
Looking forward to the second half of the year, RCEP dividends will continue to be released, further strengthening regional industrial cooperation, strengthening regional industrial chain supply chains, and helping to maintain the stability and improve the quality of China’s foreign trade.
In May, China’s import and export growth rebounded to 9.6%, and the foreign trade field showed a recovery growth momentum. Shu Jueting, spokesperson of the Ministry of Commerce, said that the increase in China’s free trade agreement partners has created favorable conditions for achieving this year’s goal of stabilizing and improving the quality of foreign trade. The tax reduction and trade facilitation role played by the free trade agreement will effectively promote the development of foreign trade.
Source: Xinhua News Agency, People’s Daily Overseas Edition, China Textile
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