日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Coastal province to ride wave of expansive trade agreement

By ZHAO RUIXUE in Jinan and XIE CHUANJIAO in Qingdao, Shandong | China Daily | Updated: 2022-01-20 10:11
Share
Share - WeChat
A visitor tries on traditional South Korean garb and makeup at an import expo in Weihai, Shandong, in September. [Photo/Xinhua]

RCEP helps Shandong forge stronger links with booming East Asian economies

Coastal Shandong province is poised to play a larger role in economic integration with Japan and South Korea by utilizing opportunities offered by the Regional Comprehensive Economic Partnership agreement, which now encompasses China and the two big East Asian economies in the same free trade framework for the first time.

Both importers and exporters in the province are benefitting from preferential RCEP rules that came into force on Jan 1.

Yantai Tayho Advanced Materials Co Ltd, located in Yantai, on the province's coast, submitted an RCEP certificate of origin issued by the Japan Chamber of Commerce and Industry to Yantai Customs officials on Jan 7. It was used to apply for tariff concessions for shipment of a chemical used in textile spinning from Japan, said Li Xiaohui, the company's business manager.

The certificate is expected to save around 10,000 yuan ($1,577) in tariffs on the shipment now that the corresponding tariff has been lowered from 10 percent to 9.1 percent under the RCEP agreement, Li said.

"This year, RCEP certificates will save 400,000 yuan on tariffs for our company," he said.

The RCEP agreement was signed on Nov 15, 2020 by 15 Asia-Pacific countries-the 10 member states of the Association of Southeast Asian Nations and China, Japan, South Korea, Australia and New Zealand-after eight years of negotiations.

RCEP markets are regarded as the world's largest economic bloc, covering about a third of the global economy. The agreement is expected to eventually eliminate tariffs on more than 90 percent of the goods traded among the member countries.

Within RCEP, the three East Asian economies together represent 82 percent of the bloc's economic weight in 2020.

"With the RCEP agreement taking effect, free trade rules are applied to China and Japan for the first time, providing good opportunities to businesses in Shandong, a province geographically close to Japan," said Li Guangjie, director of the Institute of World Economics and Politics at the Shandong Academy of Social Sciences.

The RCEP pact represents the first free trade agreement between China and Japan. The trade pact has brought 25 percent of Japanese exports and 57 percent of Chinese ones to the zero-tariff list, and the figures will be expanded ultimately to 86 percent and 88 percent, respectively.

Based on 2020 trade data, the RCEP agreement is expected to reduce tariffs on goods heading to Japan from Shandong by 380 million yuan this year. When the tariff reduction process is completed, tariffs on imports from Japan to the province will be cut by 900 million yuan annually.

"Shandong's foreign trade businesses are very excited about the preferential rules to expand trade with RCEP members," said Yao Yong, a senior director at the Customs office in Qingdao.

1 2 Next   >>|
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产视频视频 | 亚洲欧美精品中字久久99 | 五月婷婷在线播放 | 激情一区二区三区成人 | 亚洲欧美久久婷婷爱综合一区天堂 | 国产欧美一区二区三区在线看 | 日本高免费观看在线播放 | 欧美天堂| 深夜激情视频 | 九九99在线视频 | 欧美精品在线观看 | 五月婷婷丁香在线观看 | 国产日韩亚洲不卡高清在线观看 | 日本香蕉一区二区三区 | 国产日韩一区 | 亚洲嗯啊 | 欧美日韩一区二区中文字幕视频 | 国产免费资源 | 国产成人精品免高潮在线观看 | 色吧欧美| 日本免费一区二区三区视频 | 操操日 | 久久精品 | 久草在线电影网 | 天天做天天爱天天爽综合区 | 免费毛片网站 | 亚洲综合视频一区 | 日韩黄色网页 | 天天天天做夜夜夜夜做 | 日韩字幕无线乱码 | 亚洲高清一区二区三区 | 爱爱视频在线观看 | www国产精品| 91看片免费在线观看 | 日韩欧美亚洲国产 | 青青草最新网址 | 日本一级特黄视频 | 精品国产免费一区二区三区 | 国产成人精品福利站 | 国产免费观看视频 | 毛片网站大全 |