Cutting, sewing, packaging… the production workshop of Guoqiao (Shenzhen) Industrial Co., Ltd. is a busy scene. Guoqiao Industrial is a manufacturer of non-woven fabrics and products. Its products are mainly isolation gowns and delivery bags. “After the implementation of RCEP, our factory has increased a lot of orders from Japan. As of the end of July, exports of products to Japan have increased by 21% year-on-year. LowTariff‘s advantages are combined with market demand, and the company is very confident in the future overseas market.” said Ms. Yan, a customs declarer at Guoqiao Industrial.
According to statistics, from January to July this year, Shenzhen Customs issued 2,400 RCEP certificates of origin for textile and garment export enterprises in the customs area, involving a value of 99.847 million yuan.
Since the beginning of this year, Shenzhen Customs has focused on optimizing origin management services in key industries and made every effort to promote the implementation of RCEP policies. “This year, we have achieved zero breakthrough in exporting clothes to the Japanese market by using the RCEP certificate of origin.” Ms. Jiang from Shenzhen Huasi Enterprise Co., Ltd. said. According to the RECP agreement, the company’s tax rate on products exported to Japan has been reduced from 16% to 8.2%, which is a significant benefit. This will greatly help increase product pricing power and enhance market competitiveness.
According to the relevant person in charge of the Shenzhen Customs Tariff Department, my country’s textile and garment industry is currently in a critical period of transformation and upgrading. The rise in labor costs has led to the relocation of processing and production links, and enterprises If the preferential policies of RCEP can be reasonably and fully utilized, it will have positive significance for reducing tariff costs in the textile and apparel industry, stimulating the development potential of the textile and apparel industry, and optimizing low-end production and upstream design layout in the region.
To this end, Shenzhen Customs has carried out extensive publicity on RCEP tariff concessions, rules of origin and other policies to textile and garment enterprises in the jurisdiction through a combination of “online + offline”, on-site service window guidance, scan code query and answer, etc.; Based on the actual needs of enterprises, the customs printed Japan’s tax reduction list for the textile and clothing industry and sent it to enterprises exporting to Japan in a targeted manner to help enterprises understand the RCEP policy and enjoy the benefits.
Shenzhen Customs vigorously promotes intelligent review and self-service printing of RCEP certificates of origin to further improve review efficiency. Together with the Shenzhen Municipal Bureau of Commerce, the Municipal Council for the Promotion of International Trade, the Municipal Bureau of Justice, and the Shenzhen Court of International Arbitration, the Shenzhen RCEP Service Center will be built to better serve textile and garment enterprises by relying on the service center entities.
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