Tariff Reduction In The Asia Pacific Trade Agreement Will Promote The Construction Of "One Belt And One Road".

The Fourth Ministerial Council of the Asia Pacific Trade Agreement held recently in Bangkok, Thailand, has reported that the fourth tariff reduction will be formally implemented from July 1, 2017 and the average tariff reduction will be as high as 33%.

The meeting also announced the launching of substantive negotiations in the field of trade facilitation, investment and service trade under the agreement.

The Ningbo inspection and Quarantine Bureau believes that the fourth round of tariff concessions to be launched soon after the Asia Pacific Trade Agreement is expected to strengthen the economic and trade cooperation between China and East Asia and South Asia, promote the construction of "one belt and one road", and at the same time, will bring substantial benefits to our city's expansion of trade and economic relations with the member states of the agreement.

The Asia Pacific trade agreement was formerly known as the Bangkok agreement signed in 1975.

In 2001, China formally accede to the agreement.

At present, the member states of the agreement include China, India, South Korea, Sri Lanka, Bangladesh, Laos and Mongolia, which are performing domestic approval procedures, with a large market of 2 billion 800 million people.

Data show that between 2001 and 2016, the bilateral trade volume between China and other member countries was expanded from 41 billion US dollars to US $335 billion 800 million.

Among them, the export volume expanded from 15 billion 900 million US dollars to 172 billion 700 million US dollars.

Members of the Asia Pacific Trade Agreement are also important trading partners of Ningbo.

According to statistics, in 2016, the total import and export volume of our Member States reached US $7 billion 230 million, of which US $4 billion 10 million was exported to chemical products.

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Iron and steel products, machinery, electrical equipment, toys and so on.

From the fourth round of tariff concessions, the number of general tariff reductions and tax reductions for all members increased by 2.5 times than that of the third round of negotiations, and the average tax reduction rate was 33%.

In order to further enhance the implementation effect of tariff concession, member states have also optimized the rules of origin.

Ningbo inspection and Quarantine Bureau reminded us that the relevant enterprises in the city should be promptly compared with the "

"Tax reduction list", "reasonable choice of certificate of origin", and full enjoyment of tariff concessions.

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With the upgrading of consumption and the popularity of "Hai Tao" electronic business platform, the cross-border electricity supplier industry grew rapidly in 2016.

In 2016, the scale of cross-border e-commerce pactions in China reached 6 trillion and 300 billion yuan, 2 times more than in 2013, and the scale of "Hai Tao" has reached 41 million passengers.

It is estimated that the scale of cross-border e-commerce pactions in China is expected to reach 8 trillion and 800 billion in 2018, and the scale of "Hai Tao" users will reach 74 million.

Insiders say that the increasing attention of domestic consumers to quality products has made the wave of "sea scouring" rising from mother and baby products to the whole category of beauty, digital, department stores, clothing bags and so on. At the same time, consumers of more age and demand have entered, and the business volume of "Hai Tao" business has also increased.

China's cross-border e-commerce is mainly concentrated in the Yangtze River Delta and the Pearl River Delta.

The Yangtze River Delta has developed a light industrial foundation, clothing, shoes and hats and household products sales lead; the Pearl River Delta has a highly concentrated production base, rich foreign trade talent reserves, become a cross-border e-commerce sellers gathering place.

From the user age perspective, the 80's are the most favorite group of "Hai Tao", and the purchasing power is also strongest. After 80 users, the proportion of users in "Hai Tao" has exceeded 5 to 57.5%.

Followed by the number of users after 90, the proportion accounted for 25%; after 70 users accounted for 15%, ranked third, after 60 and 00 users accounted for less than 3%.

From the average order size, the purchasing power of the post-80s users is the strongest, with the average order ranking the first and the second ranking after 70.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.