General

According to CCPIT, from January to August, CCPIT issued 1441 certificates of origin, totaling 174.2 million US dollars. In the first eight months, CCPIT issued 276 preferential certificates of origin, an increase of 83% year on year, amounting to 21.49 million US dollars, an increase of 183% year on year. Most of them were preferential certificates of origin exported to Australia, South Korea, Japan and other countries.

The certificate of origin is a certificate issued by a specific agency of the exporting country that the export goods are of the origin of the country (or region). It has always been called "paper gold" in the trade of goods. It is a "coupon" for international trade export enterprises to enjoy tariff reduction or exemption in the destination country. Its issuance is a barometer of foreign trade. CCPIT is the legal institution authorized by CCPIT to issue certificates of origin.

As the certificate of origin has been widely welcomed by international trade enterprises, the number of CCPIT service enterprises has also increased. In the first eight months, the newly registered enterprises of CCPIT increased by 27% year on year, and issued certificates of origin for more than 190 international trade enterprises, involving auto parts, medical devices and reagents, food, wood products and other industries.

With the continuous improvement of international trade facilitation, CCPIT Shanghai Council for the Promotion of International Trade will continue to strengthen policy advocacy, do a good job in issuing certificates of origin, help international trade enterprises to layout ahead of time, seize the international trade market, and promote the better and faster development of our foreign trade economy.