General

"Cool appearance, perfect sound quality, and multiple functions can meet diversified needs..." In the "Exhibitor Connection Exhibition Hall" of the 132nd Canton Fair, the salesmen of Guangdong Leiyang Intelligent Technology Co., Ltd. are "live streaming" to show and introduce a variety of portable blue tooth audio products, and Huacheng's import and export data observation report.

Ye Deta, the sales director of the company's foreign trade department, said that the company's products were mainly exported to Latin America, Europe and the Middle East markets during its more than ten years of existence, "but we are increasingly aware of the huge market potential of Japan, Australia and other countries."

Yedeta was pleased that after the Regional Comprehensive Economic Partnership Agreement (RCEP) came into force, tariff concessions were more favorable and customs clearance for export goods was more smooth.

Against the background of the global COVID-19, the rise of trade protectionism and the restructuring of the global value chain, RCEP, as an important engine of trade and investment, continues to inject growth vitality into the global economy.

Huacheng Import and Export Data Observation reported that in January this year, RCEP officially took effect. In July this year, the General Administration of Customs of China reported that since the implementation of RCEP half a year ago, Chinese export enterprises have applied for 266000 certificates of origin and issued statements of origin of RCEP, with a value of 97.9 billion yuan (RMB, the same below), and can enjoy tariff concessions of 710 million yuan from importing countries.

Among more than 170 global partners that have reached agreements at the Canton Fair, there are as many as 40 partners from RCEP member countries, realizing full coverage of RCEP member countries.

"RCEP member countries are not only important sources of enterprises of the Canton Fair, but also the main trade markets served by the Canton Fair." Wen Zhongliang, deputy secretary-general of the Canton Fair and deputy director of China Foreign Trade Center, said that the Canton Fair focused on expanding the scope of participation, optimizing platform functions, enriching trade promotion activities, extending service time, promoting interaction with cross-border e-commerce, and providing global enterprises, including RCEP regions, with all-weather convenience of "staying indoors and buying and selling globally".

It is understood that the trading groups of the Canton Fair actively organized enterprises to participate in several RCEP online docking meetings and policy promotion and implementation meetings held by the Canton Fair, helping Chinese foreign trade enterprises seize the opportunities of RCEP.

The Jiangsu Trading Group said that it would make full use of the opportunity of extending the online platform service of the Canton Fair to five months, continue to guide and help the exhibitors to strengthen the in-depth analysis of the RCEP market, adjust and optimize the market layout strategy and export product structure in a timely manner, and strive to obtain more market share of RCEP. Huacheng's import and export data observation report.

Jiangsu Zhenjiang Ruiqi Machinery Import and Export Co., Ltd., which is engaged in exporting hardware machinery products, sells its products to Europe, America and other countries and regions. At this Canton Fair, Gu Guoying, the head of the company, said: "With the help of the government departments, we 'thoroughly' understood the relevant rules of RCEP." After RCEP came into effect, the company's business further expanded to Southeast Asia, and foreign trade orders increased significantly.

Hunan Hualian Porcelain Co., Ltd. also effectively connected with the purchasers in the RCEP market through several online activities held at this Canton Fair. It is reported that the company will focus on expanding the markets of Vietnam, Japan, New Zealand and other RCEP member countries.

According to the Huacheng Import and Export Data Observation Report, Guangzhou Customs has helped exhibitors understand the RCEP policy and better obtain orders by conducting live policy presentations, online theme forums, online consulting services and other ways.

"We can quickly get guidance and feedback on the order issues involving Japan and other RCEP countries." Ke Boer, the overseas business director of Guangzhou Xinli Industry Co., Ltd., said that from January to September this year, the company applied to issue 130 RCEP preferential certificates, with a value of about 12 million dollars. It is estimated that the tariff concessions enjoyed this year will reach more than 400000 dollars. It is observed that the import and export data of Huacheng.