The General Administration of Customs of China is Studying the Introduction of "RCEP Measures for the Management of Origin...
On July 29, the deputy director of the National Port Management Office of the General Administration of Customs of China said that in terms of trade volume, the total value of China's imports and exports to the other 14 trading partners of RCEP was RMB 10.2 trillion in 2020, accounting for 31.7% of the total value of China's imports and exports in the same period. In the first half of this year, China's imports and exports to RCEP trading partners increased by 22.7% year-on-year.
The General Administration of Customs of China is studying the introduction of "RCEP Measures for the Management of Origin of Import and Export Goods" and "Measures for the Management of Approved Exporters" to ensure the convenience of enterprises in declaring their benefits. China's Ministry of Commerce said that China has taken the lead in completing the domestic approval of RCEP and has basically completed the preparation for domestic compliance with the obligations of the agreement, and the next step is to work together with the members to promote the agreement to enter into force as soon as possible.
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