On April 27, the 2023 Free Trade Lecture Hall of the Jiulongpo Section of the Chongqing Pilot Free Trade Zone was held in Jiulongpo, Chongqing, sponsored by the Jiulongpo District Commerce Committee, with the theme of "How Enterprises Under the Western Land-Sea New Corridor Can Use RCEP to Enjoy Tariff Dividends" as the theme. District was held successfully.
The training meeting gathered more than 20 free trade member units, such as Jiulongpo District Development and Reform Commission, District Science and Technology Bureau, District Health and Health Commission, Aluminum Development and Investment Group, Xiejiawan Street, Shipingqiao Street, etc. Relevant persons in charge, business associations such as Chongqing import and Export Chamber of Commerce, District Chamber of Micro-enterprise Chamber of Commerce, and representatives of more than 30 key enterprises in Jiulongpo, including Loncin General, ASUS Computer, Chinalco High-end, Liuyishou Hot Pot, etc., participated in the training and exchange, and discussed new opportunities together , Seek new development together, and the training objects cover a wide range.
Yu Jianfei, Secretary of the Party Committee and Director of the Jiulongpo District Commerce Committee, said that the Southeast Asian countries along the Western Land-Sea New Corridor are the main member countries that initiated the signing of the RCEP agreement, and they are also the most important area for RCEP economic and trade cooperation, and it is the best scenario for implementing the RCEP rules. In 2022, enterprises in Jiulongpo District will transport 8,724 TEUs through the New Land-Sea Corridor, ranking third in Chongqing in terms of freight volume. With the growing scale of enterprises in the Southeast Asian market, Jiulongpo has more and more transportation needs for the Western New Land-Sea Corridor. It is urgent to further fully grasp the various agreement standards of RCEP, especially in terms of tariffs, customs clearance rules, and rules of origin. To improve the ability to use.
In order to make the training highly targeted and practical, Luo Liangliang, a special training lecturer of the Ministry of Commerce and a senior lecturer of RCEP Research Institute, will be invited to give special lectures.
Starting from the 19 sets of FTAs (free trade agreements) that China has signed with 26 countries, Luo Liangliang pointed out that RCEP marks the entry of a new era in the international trade pattern. FTA rules determine the future competitiveness of enterprises in cross-border supply chains. Learning and applying FTAs will help on trade creation and investment creation.
The RCEP rules of origin have substantially changed the three technologies of tariff classification, ad valorem percentage, and manufacturing or processing procedures. The same product may not comply with the rules of other FTAs if it complies with the RCEP rules of origin. The difficulty in applying FTA for domestic enterprises lies in the three aspects of tax rate, rules of origin and certificates, and there are common problems such as large amount of data, complicated rules, expensive consultation, and difficulty in saving taxes.
In this regard, Luo Liangliang focused on the four advantageous industries of Jiulongpo, namely automobiles and motorcycles, new energy vehicles, aluminum materials and general machinery, and interpreted the tariff dividend. Luo Liangliang compared multiple sets of FTA schemes and pointed out that the "optimal tariff" is not the default tax rate through the company's import of battery packs for new energy vehicles, the export of large passenger vehicles to RCEP member countries, and the export of products from aluminum wire manufacturers to the Japanese market. RCEP tariff rates vary by country. In a short period of time, RCEP may not be the optimal tariff. Enterprises need to know in advance whether the export area is covered by an FTA signed by China. At the same time, Luo Liangliang taught enterprises how to plan tariff preferences and pre-judgment of origin qualifications, and strengthened the application skills of enterprises to the RCEP agreement.
At the scene, many participating companies said that they had learned a lot and benefited a lot. They agreed that this training course not only explained the macro policy, but also included the analysis of Jiulongpo industry. It was highly targeted and effective, and improved the use of enterprises Awareness and level of international rules. (Jiang Haitao)
