General

At 11:00 am on March 3rd, with the sound of a "tick and click" printer, the first RCEP certificate of origin for Indonesia in Beijing was issued by Zhongguancun Customs. After that, 10 heavy trucks exported by Beijing Futian International Trade Co., Ltd. to Indonesia embarked on the "road to stay abroad.".

At the beginning of this year, RCEP officially entered into force for Indonesia. Since then, on the basis of the China ASEAN Free Trade Agreement, Indonesia has granted zero tariff treatment to more than 700 tariff lines of products to China. "The import tariff of our products in Indonesia has been reduced from 10% under the China ASEAN Free Trade Agreement to zero, and under the guidance of the customs, this certificate alone can save hundreds of thousands of yuan in tariff costs." Looking at cars "breaking into pieces" walking down the production line, and looking at the orderly arrangement of production equipment in the workshop, Dai Hongkai, Vice President of the overseas business department of the company, was delighted. In the first two months of this year, Beijing Customs has issued 756 RCEP certificates. Beijing's international trade imports and exports to other RCEP member countries reached 110.41 billion yuan, an increase of 3.8%, accounting for 19.2% of the region's total international trade imports and exports over the same period.

This year is the second year since the Regional Comprehensive Economic Partnership Agreement (RCEP) entered into force. The preferential policies such as tariff concessions brought by RCEP continue to assist domestic enterprises in expanding the international trade market, and assist foreign trade enterprises in seizing opportunities, maintaining orders, and expanding the market. According to foreign trade data from the first two months, China's total imports and exports to other RCEP member countries amounted to 1.91 trillion yuan, a year-on-year increase of 3.1%.

"This cartoon blanket is one of our main export commodities and is very popular with overseas buyers," said Sheng Zhongxian, the manager of Jima Home Textile Business Department, pointing to the newly produced blankets in the production workshop. Jima Home Textile mainly engages in various types of home textile fabrics, and its products are mainly sold to countries such as Japan and South Korea.

"Through the tariff concessions of RCEP, the tax rate on our travel blankets exported to Japan has been reduced from 5.3% to 4.6%, which cannot be underestimated by 0.7 percentage points. This is very helpful for us to improve our price competitiveness." Sheng Zhongxian said that in the first two months of this year, Jima Home Textile handled a total of 5 RCEP certificates of origin, involving an export value of over 1.6 million yuan.

According to statistics from Hangzhou Customs, a total of 8609 RCEP certificates of origin were issued in the first two months of this year, with a value of 2.433 billion yuan, realizing a tax concession of about 27.58 million yuan for import and export goods across the province. RCEP not only helps many small and micro enterprises such as "Gemma Home Textile" to improve their product competitiveness, but also serves as a "charge" for specialized and specialized new enterprises to explore new markets in international trade.

The enterprise staff of Zhejiang Xinhecheng Special Materials Co., Ltd. also felt the benefits brought by RCEP. "The customs regularly promotes the country of origin management policy, allowing us to timely understand the tariff concessions for export goods, which helps us to explore potential business opportunities and better expand our business." said Luo Jinjing, sales manager of Zhejiang Xinhecheng Special Materials Co., Ltd. As a national specialized "small giant" enterprise, "Xinhecheng" has actively expanded the RCEP market and further improved the market competitiveness of its export products.

In order to help more foreign trade enterprises make full use of the RCEP policy, Hangzhou Customs and the Industry Association have conducted research on key industries such as textiles, machinery manufacturing, and petrochemical industry, sorted out the difficulties in enterprise declaration and the entry standards of exporting countries, and provided detailed guidance to enterprises. Through the analysis of international trade import and export data, proactively contact enterprises that enjoy benefits but have not applied for a certificate of origin, introduce the tax reduction mechanism one-on-one, and guide the application method. In addition, it has independently developed the "RCEP Intelligent Benefit Application" and promoted the "self-service printing+intelligent review" mode of certificate of origin to help enterprises enjoy policy dividends more quickly and conveniently.

Wang Wei, Deputy Director of the Customs Department of Beijing Customs, also stated that in order to further enhance the competitiveness of enterprises in the international market, Beijing Customs has helped enterprises familiarize themselves with tariff concessions and rules of origin through activities such as "customs officers delivering policies to their doorstep" and online and offline special training. "We will further expand the personalized regulatory service model in a wider range and at more levels, accurately formulate assistance measures for 'one enterprise, one policy', and provide an inexhaustible source of motivation for enterprises to 'go global'."