China's international trade promotion system issued 588,000 certificates facilitating foreign trade in August, up 3.28 percent year on year, said a spokeswoman of the China Council for the Promotion of International Trade (CCPIT) at a press conference in Beijing on Sunday.
The certificates issued refer to certificate of origin, or CO, that certifies the goods in a particular export shipment are wholly obtained, produced, manufactured or processed in a particular country or region; ATA Carnets which, known as the passport for goods, is an international customs document that allows temporary entry and exit of goods on a duty-free and tax-free basis; and other assortment.
In August, the total value of preferential COs issued by the international trade promotion system nationwide reached 6.337 billion U.S. dollars, up 12.74 percent year on year.
In the same month, 23,553 RCEP COs were issued, up 8.85 percent year on year.
"The export destination countries include Japan, Indonesia, South Korea, Vietnam and seven other member countries, indicating that the policy dividends of RCEP continues to empower China's foreign trade enterprises," said Wang Linjie, spokeswoman of the CCPIT, at the press conference.
The Regional Comprehensive Economic Partnership (RCEP) is the world's largest free trade agreement in terms of combined GDP and market size, accounting for almost one-third of the world's population.
The RCEP's signatories include the 10 member states of the Association of Southeast Asian Nations (ASEAN), plus Australia, China, Japan, South Korea, and New Zealand.
3.28 pct more foreign trade certificates issued in August
