Financial News

Hangzhou issues 8,835 RCEP certificates of origin in Q1

Hangzhou Customs issued a total of 8,835 RCEP certificates of origin from January to March with an export value of 2.39 billion yuan ($358.32 million), bringing in more than 24 million yuan for local enterprises.

Online verification and self-printing of the RCEP certificate of origin is a key measure taken by Hangzhou Customs to simplify the clearance process and help enterprises reduce burdens and increase efficiency. Currently, 18 kinds of certificates of origin can be self-printed.

Hangzhou Ailong Metal Product Co, a manufacturer of construction fasteners and hardware machinery, has recently made use of the service.

"With this certificate of origin, we can enjoy a tariff discount of 31,000 yuan for this batch of goods," said Li Zhifang, a foreign trade manager at the company. "We export about 20 batches of goods every month and the new service really saves us a lot of time."

Hangzhou Customs has also recruited a group of professionals from the tariff, supervision and commodity inspection departments, who have carried out more than 80 publicity activities for RCEP policies in the form of livestreams and lectures.

Media Contact
Company Name: The Information Office of Hangzhou Municipal Government
Contact Person: Cai Jingwen
Email: Send Email
Phone: 0510-68559077
Country: China
Website: http://www.ehangzhou.gov.cn/


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