my country will no longer issue GSP certificates of origin for goods exported to 32 countries including EU member states
According to the latest announcement from the General Administration of Customs:
According to the “Measures for the Administration of Certificates of Origin under the Generalized System of Preferences of the People’s Republic of China”, the General Administration of Customs has decided to ban exports to EU member states, the United Kingdom, Canada, Turkey, and Ukraine starting from December 1, 2021. Customs will no longer issue GSP certificates of origin for goods from countries such as China and Liechtenstein that no longer grant preferential tariff treatment to China under the Generalized System of Preferences.
If the shipper of goods exported to the above countries needs documents proving the origin, they can apply for a non-preferential certificate of origin.
As of now, the only countries that still retain GSP treatment for my country are Norway, New Zealand, and Australia. Companies can still apply for goods exported to these three countries. GSP certificate.
Original text of announcement:
In recent years, with the development of China’s economy With the steady development and gradual improvement of international trade status, more and more countries and regions have announced the “graduation” of China’s GSP.
According to a notification from the Eurasian Economic Commission, starting from October 12, 2021, the Eurasian Economic Union will cancel the GSP treatment for goods exported to the Union from China, and exports to Eurasian Economic Union members Goods from China will no longer enjoy the tariff benefits of the Generalized System of Preferences.
From the same date, the customs will no longer issue GSP certificates of origin for goods exported to Russia, Belarus, and Kazakhstan.
In the past, according to the Generalized System of Preferences program of the Eurasian Economic Commission, the Union imposed tariffs on China’s exports of meat and meat products, fish, vegetables, fruits, some raw material commodities and primary processing products. discount. Goods in the list exported to the Union are exempt from import duties of 25% based on their tariff rates.
Japan will no longer grant GSP tariff preferences to Chinese goods exported to Japan starting from April 1, 2019. Starting from April 1, 2019, my country’s customs will no longer issue GSP certificates of origin and related Japanese imported processing certificates for goods exported to Japan.
The GSP preferential tariffs refer to the manufactured and semi-manufactured products (including certain primary products) that developed countries give to developing countries or regions for export. ) is a universal, non-discriminatory, non-reciprocal preferential tariff, which is a special tariff that is further reduced on the basis of the most-favored nation tariff.
This policy will help developing countries improve the competitiveness of their export products, expand exports, and promote the industrialization and economic development of developing countries.
The average tariff reduction range for China’s Generalized System of Preferences Certificate of Origin and Regional Preferential Certificate of Origin is around 6%.
It is worth noting that while China has “graduated” from the GSP, some countries and regions still maintain GSP for Vietnam, Indonesia, Bangladesh, Cambodia and other countries. This means that some of my country’s labor-intensive export products are facing more severe challenges.
A certificate of origin under the Free Trade Agreement can be issued for export to Pakistan
But at the same time, our country has accelerated the pace of expanding the “circle of friends” in the free trade zone.
So far, our country has reached 19 free trade agreements and signed these agreements with 26 countries and regions, with free trade partners throughout Asia, Europe, Latin America, and Oceania. and Africa.
In addition, there is the latest good news. Starting from November 10, certificates of origin under the Free Trade Agreement can be issued for exports to Pakistan.
By applying for a certificate of origin under the China-Pakistan Free Trade Agreement, products exported to Pakistan can enjoy varying degrees of tariff reductions when imported into Pakistan:
Pakistan has already implemented zero tariffs on 45% of tax items.
Pakistan will gradually achieve zero tariffs on 30% of tax items in the next 5 to 13 years.
A partial tax reduction of 20% will be implemented on 5% of tax items on January 1, 2022.
The certificate of origin under the China-Pakistan Agreement of the Council for the Promotion of International Trade is fully electronically issued, and independent certificate printing services are provided. Companies can apply for preferential certificates of origin under the China-Pakistan Agreement for free through the CCPIT online visa system or the International Trade Single Window. </p
