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Official landing! In June, the new foreign trade regulations came, and China and the Philippines implemented RCEP tariff concessions.
Jun 06,2023
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From June 2, China and the Philippines will implement RCEP tariff concessions
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China signs free trade agreement with Ecuador
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Customs Announces Mutual Recognition of AEO between China and Uganda Customs
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General Administration of Customs Signs AEO Mutual Recognition Arrangement with Uzbekistan
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Zhejiang introduced 33 measures to expand the market to increase single-stable foreign trade.
The Customs Tariff Commission of the State Council recently issued an announcement stating that from June 2, 2023, the agreed tax rate applicable to RCEP ASEAN member countries will be implemented for some imported goods originating in the Philippines, and the subsequent annual tax rate will be implemented from January 1 of that year.
After the RCEP officially came into effect for the Philippines, in the field of trade in goods, the Philippines has added zero tariff treatment for my country's automobiles and parts, some plastic products, textiles and clothing, air-conditioning and washing machines on the basis of the China-ASEAN Free Trade Area. During the transition period, the tariffs on the above-mentioned products will be gradually reduced from 3%-30% to zero.
After the entry into force of the RCEP for the Philippines, all 15 members have completed the entry into force procedures and implemented tariff concessions to each other, and the agreement has entered a new stage of full implementation.
On May 11, the Free Trade Agreement between the Government of the People's Republic of China and the Government of the Republic of Ecuador was officially signed.
The China-Ecuador Free Trade Agreement is the 20th free trade agreement signed by China. Ecuador has become China's 27th free trade partner and China's fourth free trade partner in Latin America after Chile, Peru and Costa Rica.
In terms of tariff concessions on trade in goods, the two sides have reached mutually beneficial and win-win results on the basis of a high level. According to the concession arrangement, China and Ecuador will cancel tariffs on 90% of the tax items respectively, of which about 60% will cancel tariffs immediately after the agreement comes into effect.
In terms of exports that are of general concern to foreign traders, Ecuador will implement zero tariffs on China's main export products. After the agreement comes into effect, when most products made in China, such as plastic products, chemical fibers, steel products, mechanical appliances, electrical equipment, furniture decoration, automobiles and parts, enter the Ecuadorian market, tariffs will be gradually reduced and canceled on the basis of the current 5%-40%.
In May 2021, the Customs of China and Uganda formally signed the Arrangement between the General Administration of Customs of the Republic of the People's Republic of China and the Department of Taxation of the Republic of Uganda on the Mutual Recognition of the Credit Management System of Chinese Customs Enterprises and the AEO System of the Uganda Department of Taxation (hereinafter referred to as the "Mutual Recognition Arrangement"), and decided to formally implement it from June 1, 2023.
According to the Mutual Recognition Arrangement, China and Ukraine mutually recognize each other's "certified operators" (Authorized Economic Operator, referred to as "AEO") to facilitate customs clearance of goods imported from each other's AEO enterprises.
When customs clearance of imported goods, the customs of China and Ukraine shall give each other's AEO enterprises the following customs clearance facilitation measures:
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A lower rate of document review is applied;
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Apply a lower inspection rate;
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Priority inspection shall be given to goods requiring physical inspection;
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Designate customs liaison officers to be responsible for communicating and handling problems encountered by AEO enterprises in customs clearance;
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Priority is given to customs clearance after international trade is interrupted and resumed.
When Chinese AEO enterprises export goods to Uganda, they need to inform the Ugandan importer of the AEO code (the 10-digit enterprise code registered and filed by the AEOCN with the Chinese Customs, such as AEOCN1234567890), which will be declared in accordance with the regulations of the Ugandan Customs. The Ugandan Customs will confirm the identity of the AEO enterprise of the Chinese Customs and provide relevant convenience measures.
General Administration of Customs Signs AEO Mutual Recognition Arrangement with Uzbekistan
On May 18, China Customs became the first "Certified Operators" (AEO) mutual recognition partner of Uzbekistan Customs.
After the implementation of the Mutual Recognition Arrangement, AEO enterprises of the two countries will enjoy a lower inspection rate of imported goods, give priority to inspection of goods requiring physical inspection, set up enterprise coordinators, and give priority to customs clearance after international trade is interrupted and resumed, so as to help AEO enterprises reduce the customs clearance time of goods and reduce the trade costs of warehousing and logistics of enterprises.
The mutual recognition arrangement is the fourth AEO mutual recognition agreement signed by the General Administration of Customs this year.
Up to now, China has signed AEO mutual recognition agreements with 52 countries (regions) in 26 economies, including Singapore, South Korea and the European Union, of which the number of countries jointly building "Belt and Road Initiative" has increased to 35. The number of mutual recognition agreements signed and the number of mutual recognition countries (regions) ranks "double first" in the world ".
The General Office of the Zhejiang Provincial Government issued the "Full Rio Tinto market to increase the number of measures to stabilize foreign trade", around the full strength to dig incremental, stable stock, strong security put forward 33 measures to promote the stability of foreign trade quality, speed up the construction of a strong trade province.
Among them, it is proposed to carry out cross-border e-commerce "store opening global", "brand going to sea" and "independent station pilot" actions, and to add more than 10000 cross-border e-commerce export online stores in 2023. To carry out the "100 million enterprises" e-commerce market expansion campaign, a new assessment of a number of cross-border e-commerce export well-known brands, a total of more than 200. Support foreign brands of cross-border e-commerce enterprises to register domestic trademarks of different categories.
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