First ECFA Goods Cleared Through Xiamen Customs of China

It is told by the General Administration of Customs that 4.08 tons of imported fruits from Taiwan region have successfully cleared through Xiamen Customs of China, becoming the first goods imported from Taiwan region to the Chinese mainland after the official implementation of the Goods Trade Early Harvest Program under the Cross-Straits Economic Cooperation Framework Agreement (ECFA).

It is told by the Customs that the first-batch goods will enjoy the tariff preference by a large margin, tariff rate reduced from the former 11% and 12% to the unified 5%. Thus the enterprises may save tax of about CNY 1,200.

According to the ECFA, Chinese mainland will implement tariff reduction on 557 items of products originating in Taiwan region in the aspect of goods trade, which refers to 10 categories including agricultural products, chemical products, mechanical products, electronic products, automobile parts, textile products, light industrial products, metallurgical products, instrumental products, and medical products.

And the tariff reduction by Taiwan region refers to 268 products in 4 categories originating in the Chinese mainland, including petroleum chemicals, mechanical products, textile products and others.