Introduction Officials, ambassadors, media veterans and scholars attend the forum to share their thoughts on how the Regional Comprehensive Economic Partnership agreement will propel regional cooperation in Asia. The event is jointly organized by the publicity department of the Hainan provincial government, China Daily, the China Institute for Reform and Development, and Institute for Free Trade Port with Chinese Characteristics.
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Port business environment gets a new facelift
As the RCEP trade agreement is planned to go into force next year, the General Administration of Customs has been working on a slew of measures, in a move to build up a market-oriented, legalized and internationalized port business environment, said Dang Yingjie, deputy director-general of the National Office of Port Administration.
Customs authorities easing free flow of trade By ZHENG CAIXIONG in Guangzhou | chinadaily.com.cn | Updated: 2021-04-20 15:18 Containers are unloaded from a ship at a port of Qingdao, East China s Shandong province, on Feb 17, 2020. [Photo/Xinhua]
Guangzhou Customs said it has reduced tariffs by more than 820 million yuan ($126.15 million) on imports from members of the Regional Comprehensive Economic Partnership (RCEP) in the first quarter.
The figure represented a year-on-year growth of 27.5 percent, a statement released on Monday by customs officials said.
Meanwhile the customs authorities in Guangzhou issued more than 50,000 free trade agreement certificates of origin for goods exported to RCEP member countries, involving 11.75 billion yuan, from January to March, up respectively year-on-year by 58 percent and 46 percent.