Some General Petrochemical Machinery Imported From Hong Kong Next Month Tariff To Zero
To further enhance the Mainland and Hong Kong economic and trade exchanges and cooperation level
, the Ministry of Commerce and the Hong Kong Special Administrative Region Government has signed the "internalMainland and Hong Kong Closer Economic Partnership Arrangement "Supplemental Agreement (the" Supplemental Agreement "), mainland origin
Hong Kong's imports of goods in batches zero tariff.
The first from January 1, 2004, the large amount of imported goods, 273 tariff lines at zero tariff; the second batch will be
From January 1, 2005 onwards, on 713 tariff lines (where the existing products 529 tariff lines, intended to produce products of 184 tariff lines) of the progress
Zero tariffs on imported goods.
According to customs statistics, from January 1, 2004, the "Mainland and Hong Kong Closer Economic Partnership Arrangement"
(CEPA) since the implementation of the Mainland to give preferential imports of goods increased quarter by quarter, to benefit Hong Kong, widening the field. After the first quarter
Mainland ports the actual clearance of goods of Hong Kong under the CEPA value of 1.7 billion, 2 billion in the second quarter, third quarter
2.8 billion, total imports amounted to 650 million Hong Kong dollar real, tariffs 44.468 million yuan. After the implementation of CEPA
Hong Kong manufacturing sector to move back; foreign investment gradually increased, and promote local economic development.
35 tariff lines Petrochemical General Machine zero tariff next year
From January 1, 2004, the Mainland has originated in Hong Kong for 43 Items of Machinery zero tariff, petrochemical links
3 Items of Machinery: Cooling capacity 4 1 000 kcal / air conditioning components, printers and other valves, nes.
In accordance with the "Supplemental Agreement" provides that from January 1, 2005, the Mainland will be 35 in Hong Kong origin tariff lines petrochemical general
Machinery (including the existing 23 tariff lines products, products to be produced in 12 tariff lines) to implement zero tariffs.
Existing products, refrigeration compressors and spare parts has 8 lines, the filtering and purifying machines and parts have six lines, the oil
Drilling rig and spare parts are three tax items, rubber and plastic processing machinery has three lines, the concrete pump and liquid pump parts with two tax items,
Printer parts have a tax item.
Products to be produced, industrial dust and other filtration, purification equipment has six lines, the oxygen and other air grouped
With three lines, the heat exchange equipment, vehicle air conditioner, faucet and faucet have a tax item.
Products to be produced in Hong Kong, applicants are formally put into operation by the Hong Kong Trade and Industry Department and the Customs for verification by the Hong Kong
Notify the Ministry of Commerce, Trade and Industry Department, confirmed by both sides, the Mainland is issuing institutions under a certificate of origin issued,
Granted zero-tariff imports of the product.
Mechanical products imported from the Mainland, Hong Kong must have substantial production and processing in the conditions. The two sides agreed to mechanical
Product of Hong Kong origin criteria: First, within Hong Kong major manufacturing or processing operation, and after the assembly process to form
The basic characteristics of the goods; Second, in Hong Kong, processing, value-added and more than 30% of that in Hong Kong were of raw materials, component parts, labor
Industry and product development expenses and the total value of manufactured exports FOB (FOB) ratio should be 30%, and the final
Manufacturing or processing operations should be completed in Hong Kong, as the table of concrete pumps, refrigeration compressor, oxygen, heat exchange equipment,
Rubber and plastic processing machinery; third tariff changes that Hong Kong imported materials processed, the product was in the "trade names and
Coding System "in the four-digit tariff heading has changed and is no longer a place outside Hong Kong any change
Variable four-digit tariff heading of the production, processing or manufacturing. As the table of oil rigs and parts, industrial dust and
He filtration and purification equipment, air conditioner parts, liquid pump parts.
Seize opportunities, to use Hong Kong to reduce import costs
Next year, some products imported from Hong Kong after the implementation of zero tariff, the domestic enterprises should grasp the opportunity, take advantage from Hong Kong
The import channels, on some of the original imports from other countries or regions of mechanical products, parts, accessories, the quality of the same
Reasonable price conditions, as imports from Hong Kong, so not only can reduce the price of imported products, and because the transport distance
From the short, can save transport costs, further reduce the cost of imports, for example, in 2003, China imported from abroad heat exchange device
243,000,000 US dollars, oil or natural gas drilling parts 80.11 million US dollars, liquid pump parts 184 million, internal combustion engine fuel
Oil filter 44.29 million U.S. dollars, internal combustion engine intake filter 39.57 million U.S. dollars, in the future fully considering the selection of Mainland enterprises in
Hong Kong production, in terms of performance, quality, price and so the products can meet the requirements.
In addition, the foreign companies can conduct business from service; full advantage of this opportunity to meet the needs of domestic users
.
Concerned about the possible impact on the Mainland enterprises
Some products imported from Hong Kong after the implementation of zero tariff, it is possible to some mainland-related enterprises in production, sales caused by a
Will impact. Potato in 2004 signed the agreement, such as a sharp increase in imports, and serious damage to one party or similar industry
Threat of serious injury, the notice to the other before the temporary suspension of imports of the product benefits, and other requirements should be open
Start negotiations to reach an agreement. So, the mainland enterprises to observe, if found immediately to the relevant department in order to
Take timely measures. In addition, mainland enterprises in Hong Kong Petrochemical General Machinery Industry Related product technology, quality, price
Were analyzed cell research, exchanges and cooperation, which may affect the development of domestic enterprises products, timely response.
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