China News Agency, Beijing, March 18. The Regional Comprehensive Economic Partnership (RCEP) will take effect in Malaysia on the 18th, and China and Malaysia will mutually implement the agreed tax rates.
Hunan, Guangxi and Fujian Customs issued the first batch of RCEP certificates of origin for Malaysia on the 18th.
Since January 1 this year, RCEP has come into effect in 12 countries including China, Australia, New Zealand, Japan, South Korea, Brunei, Cambodia, Laos, and Singapore.
At 0:00 that day, Shaoyang Customs issued a RCEP certificate of origin to Malaysia for a batch of hardware tools worth 489,000 yuan (RMB, the same below) in Shaodong City.
At the same time, Xingsha Customs also issued a certificate of origin for a batch of metal saw blades worth 298,000 yuan, which is expected to save 15,000 yuan in tariffs.
According to Changsha Customs, under the RCEP agreement, China's exports of processed aquatic products, cocoa, cotton yarn, etc. to Malaysia, as well as Malaysia's agricultural products to China, can obtain new tariff reductions and exemptions on the basis of the China-ASEAN Free Trade Area.
The titanium dioxide export business handled by a company in Guangxi completed the customs declaration procedures on the 18th, and was shipped to Malaysia at the Qinzhou port.
The import tariff of this batch of titanium dioxide in Malaysia will be reduced to zero tariff year by year from the 11th year.
Relevant people here pointed out that after RCEP comes into effect for Malaysia, as an important bridge connecting China and Malaysia, the new western land-sea corridor will also usher in new development opportunities.
China-Malaysia Qinzhou Industrial Park is located on the gateway port of Beibu Gulf, the new western land-sea passage.
Mo Fuwen, deputy director of the China-Malaysia Qinzhou Industrial Park Management Committee, said that with the implementation of RCEP, the China-Malaysia Qinzhou Industrial Park will become an important platform for cross-border logistics and trade between China and Malaysia.
At present, there are 18 Malaysian-owned enterprises registered in the China-Malaysia Qinzhou Industrial Park, mainly engaged in food processing and trade in ASEAN specialty products.
Huang Jie, head of the investment promotion department of China-Malaysia Qinzhou Industrial Park Development Co., Ltd., said that with the in-depth implementation of RCEP, the tax rates of bird's nest, durian and other commodities imported from Malaysia by these enterprises are more favorable than the original free trade agreement, and eventually zero. tariff.
Taking Qinzhou Port as an example, the import and export of Malaysian goods through Qinzhou Port Customs will reach 7.08 billion yuan in 2021, a year-on-year increase of 26.8%. The main import and export commodities include Musang King durian, bird's nest, coffee, etc.
In 2021, 420 million yuan will be imported from Qinzhou port with the original bilateral free trade agreement to enjoy the Malaysian certificate of origin, with a cumulative tax reduction of 39.427 million yuan. It is expected that this value will continue to expand after RCEP takes effect.
On the same day, Fujian issued the first RCEP China-Malaysia Certificate of Origin for a batch of frozen balang fish worth US$81,200 exported to Malaysia.
The relevant person in charge of Quanzhou Customs said that in the preliminary investigation, he learned that Zhengyuan Aquatic Products intends to export a batch of aquatic products to Malaysia, and communicated with the company's applicants in advance through the "online no-meeting" method to guide the company's personnel to do a good job. Application for Certificate of Origin.
In order to promote foreign trade enterprises to seize the new opportunities of RCEP, Quanzhou Customs has actively cooperated with local governments to carry out RCEP policy promotion through "online + offline", and vigorously promote the intelligent audit of certificates of origin.
As of March 17, Quanzhou Customs has issued 401 RCEP certificates of origin for 87 companies, with a value of 198 million yuan. The main products include agricultural products, textiles, resin products, umbrellas, footwear, etc., mainly exported to Japan , Thailand, Vietnam and other countries.
(End) (Li Xuan, Lin Jun, Long Gengzhe, Li Fuyang, Team Ling, Su Yuanyuan, Wang Qing, Wu Mingni participated in the report)