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Macau and Mainland China CEPA zero-tariff garments and textiles reached 1,216 items
by：Chengyi
2021-03-15
The EPA has been implemented for nearly eight years, and the opening up to Macau has been added and deepened every year, laying a solid foundation for the development of free trade between the two places.
Secretary for Economics and Finance Tan Boyuan stated that CEPA has been advancing in eight stages and is moving towards closer economic and trade every year. The economic and trade cooperation between Mainland China and Macau has been very close, and there is great potential for trade and investment facilitation. It can be seen that through eight stages of development, Macau and the Chinese mainland market can be fully integrated.
In terms of trade in goods, products that can enjoy zero tariffs, from 273 items at the time of implementation, can all be imported into China with zero tariffs after the origin standards are set. Currently, they are set according to the 2011 China tax code. There are 1,216 items of standard goods of origin specified.
As of the end of November 2011, the total export value of zero-tariff goods totaled 244 million patacas. The product categories involved include ready-to-wear textiles, copper clad laminates, stamps, typewriter ribbon inks, coffee, cement, beauty cosmetics, crude glycerin From January 1 to November 30, 2011, the total value of goods entering the Chinese mainland market with zero tariffs exceeded 77 million patacas. Compared with the same period in 2010, the export value increased by 35. ．4%.
In terms of trade in services, as of the end of 2010, through the 'Arrangement' mechanism, Macau companies or residents have established more than 760 companies and individual businesses in mainland China, involving transportation and logistics, advertising, exhibitions, tourism and other industries. At present, 'individual travel' has expanded to 49 cities in 21 provinces and cities, and a total of nearly 44.29 million 'individual travel' from mainland China have visited Macau. In terms of professional qualification examinations, as of the end of November 2011, 9 people in Macau passed the Chinese mainland judicial examination, 3 people passed the mainland Chinese CPA unified examination, 208 people successfully passed the national medical qualification certificate, and 1,076 people passed the cooking and beauty examinations. , Hairdressing, electrician, flower arranging and computer technology, etc. 19 national vocational qualification certificates of different levels.
Secretary for Economics and Finance Tan Boyuan stated that CEPA has been advancing in eight stages and is moving towards closer economic and trade every year. The economic and trade cooperation between Mainland China and Macau has been very close, and there is great potential for trade and investment facilitation. It can be seen that through eight stages of development, Macau and the Chinese mainland market can be fully integrated.
In terms of trade in goods, products that can enjoy zero tariffs, from 273 items at the time of implementation, can all be imported into China with zero tariffs after the origin standards are set. Currently, they are set according to the 2011 China tax code. There are 1,216 items of standard goods of origin specified.
As of the end of November 2011, the total export value of zero-tariff goods totaled 244 million patacas. The product categories involved include ready-to-wear textiles, copper clad laminates, stamps, typewriter ribbon inks, coffee, cement, beauty cosmetics, crude glycerin From January 1 to November 30, 2011, the total value of goods entering the Chinese mainland market with zero tariffs exceeded 77 million patacas. Compared with the same period in 2010, the export value increased by 35. ．4%.
In terms of trade in services, as of the end of 2010, through the 'Arrangement' mechanism, Macau companies or residents have established more than 760 companies and individual businesses in mainland China, involving transportation and logistics, advertising, exhibitions, tourism and other industries. At present, 'individual travel' has expanded to 49 cities in 21 provinces and cities, and a total of nearly 44.29 million 'individual travel' from mainland China have visited Macau. In terms of professional qualification examinations, as of the end of November 2011, 9 people in Macau passed the Chinese mainland judicial examination, 3 people passed the mainland Chinese CPA unified examination, 208 people successfully passed the national medical qualification certificate, and 1,076 people passed the cooking and beauty examinations. , Hairdressing, electrician, flower arranging and computer technology, etc. 19 national vocational qualification certificates of different levels.
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