Weihai case was rated from Shandong Province RCEP Excellent Practice Case

Recently, Qingdao Customs, Jinan Customs, Shandong Provincial Trade Promotion Association, and Shandong Provincial Department of Commerce jointly announced the best practical cases and excellent practice cases of RCEP in Shandong Province. Another achievement of the "Time Year" event has an important demonstration and leading role in relevant industries, enterprises and government departments. Weihai Rongcheng Dynasty Mahan Foreign Trade Comprehensive Service Co., Ltd. "Relying on the foreign comprehensive service platform to set up small and medium -sized enterprises to enjoy the RCEP" fast lane ", which was evaluated by Shandong Province RCEP excellent practical cases.

The member states of RCEP are important trade partners in Weihai, especially South Korea and Japan. The bilateral economic and trade exchanges are closely linked and have a good foundation for cooperation in the field of economic and trade. More than half. In 2021, the import and export value of the city of Weihai was 203.25 billion yuan, with a total import and export of RCEP member states of 108.2 billion yuan, an increase of 32.2%year -on -year, accounting for 53.2%of the city's total import and export. Among the RCEP member states, South Korea and Japan's total imports and exports were 18.49 billion yuan, accounting for 71.1%of the trade volume of RCEP member states. The proportion of imports and exports of Weihai and RCEP member states is higher than 18 percentage points in the province, and 22 percentage points are higher than the country.

In the first eight months of this year, China and RCEP's other 14 member states trade reached 8.32 trillion yuan, accounting for 30.5%of China's total foreign trade. Among them, the preferential tariff imports under RCEP were 38.1 billion yuan, and the tariffs were reduced by 880 million yuan; the preferential tariff exports were 143.3 billion yuan, and the import national tariff reduction was reduced by 910 million yuan. In the first eight months, Weihai's foreign trade export volume was 108.6 billion yuan, an increase of 25.4%. The trade volume of the city and RCEP member states reached 75.93 billion yuan, an increase of 16.5%, accounting for 53.1%of the city's total foreign trade.

After RCEP takes effect, more than 90%of the goods in the region will eventually achieve zero tariffs, which will promote the formation of the Sino -Japanese and Korean market and bring considerable open dividends. The advantages of the international logistics channel owned by Weihai and the location advantage of the "Bridge Castle" of Japan and South Korea's economic and trade "Bridge Castle" will bring a positive impact and development opportunities -help to improve the development level of import and export trade, enhance the development of two -way investment and service trade, and become cross -border power. Digital trade such as Shang has brought new growth points. (Source: Weihai Business)

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