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On June 2, China Building Materials International Trading Co LTD received the certificate of Origin of the Regional Comprehensive Economic Partnership (RCEP) for goods exported to the Philippines, the first RCEP certificate issued by Beijing Customs for the Philippines. On the same day, the RCEP went into full effect for 15 member countries, and member countries implemented tariff concessions to each other, ushering in a new phase of full implementation of the world's largest free trade agreement.

In order to help enterprises seize the favorable opportunity for RCEP to take effect in the Philippines, Zhongguancun Customs under Beijing Customs Office proactively selects and accurately positions export enterprises under its jurisdiction through online data analysis, offline visits and surveys in the early stage, and provides "one-to-one" customized benefit sharing programs and targeted assistance measures to guide enterprises to enjoy the full benefits of preferential policies and expand the export competitiveness of foreign trade enterprises.

"With this certificate, the consignment of $33,000 worth of paper plasterboard is eligible for a 5 percent reduction in import duty in the Philippines. The company is expected to export US $30 million worth of goods to the Philippines this year. Depending on the certificate of origin issued by the customs, it will save about 10.6 million RMB in tariff costs." China Building Materials International Trade Co., LTD. General manager of logistics department Feng Yang said.

It is learnt that China is the Philippines' largest trading partner, largest source of imports and third largest export market. After the RCEP officially takes effect in the Philippines, tariff rates on Chinese exports of automobiles and parts, some plastic products, textiles and garments, air conditioners and washing machines will be gradually reduced from 3 to 30 percent to zero in the Philippines after a transitional period based on the China-Asean FTA. In addition, the Philippines' accession has promoted the full implementation of the RCEP in ASEAN, expanded the RCEP's effect of scale, helped consolidate and strengthen regional industrial and supply chains, and promoted long-term prosperity and development of the global economy.

Since the implementation of the RCEP in January 2022, Beijing Customs has implemented a combination of enterprise-friendly services, such as "intelligent verification", "self-printing", "nearby visa", "RCEP Green Channel service window" and "Approved exporter system", to facilitate enterprises to quickly handle business of origin.

"Since the beginning of this year, Beijing Customs has further deepened the 2.0 project of 'four advantages, four promotion and five promotion', targeted the 'optimization of RCEP customs policy services' as a key measure of list management, continued to promote the self-printing of certificates of origin, and made great efforts to build a convenient inquiry platform of' One point RCEP economic and trade rules'. We will ensure that businesses can enjoy customs services without leaving their homes." According to Wang Wei, deputy director of the Customs and Tariff Department of Beijing Customs, the customs also encourages qualified enterprises to become approved exporters by increasing policy publicity, and guides enterprises to familiarize themselves with the RCEP rules of origin to fully tap the benefits potential.

In the next step, Beijing Customs will seize the new opportunity of the full implementation of RCEP, cultivate the "hard power" of enterprise development with the "careful efforts" of policy implementation, provide RCEP service package policy push to key enterprises, guide enterprises to make good use of the RCEP rules, constantly improve the knowledge and benefit ability of enterprises and the utilization level of RCEP, and release the effectiveness of the Free Trade Agreement. To serve the capital at a higher level of opening-up.