The trade between our city and ASEAN continued to deepen

The reporter recently learned from Jiangmen Customs that since the formal and comprehensive launch of China ASEAN Free Trade Area in January 2010, the trade scale between our city and ASEAN has expanded by 2.1 times, the trade structure has been continuously optimized, and the trade development space has been continuously expanded. The contribution rate to the growth of our city's foreign trade is 17.6%, ranking second among the trading partners. ASEAN has become one of the most important trading partners of our city.

In 2010, the China ASEAN free trade area was officially launched.Over the past decade, the overall import and export scale of our city to ASEAN has shown an expanding trend. The import and export value has increased from 7.62 billion yuan in 2010 to 15.64 billion yuan in 2020, with an average annual growth rate of 7.5%, 3.5 percentage points higher than the average annual growth rate of our city foreign trade in the same period.According to customs statistics, from January to August this year, the city import and export to ASEAN reached 12.01 billion yuan, an increase of 19.4% over the same period last year (the same below).

Our city continues to optimize the import and export structure of ASEAN.From January to August, the city import and export to ASEAN in the form of general trade reached 9.41 billion yuan, an increase of 24%, accounting for 78.3% of the city total import and export to ASEAN in the same period, and the proportion increased by 2.9 percentage points;The import and export of processing trade was 2.42 billion yuan, down 1.6%;The import and export of bonded logistics reached 150 million yuan, an increase of 14.5 times.

With the signing of the regional comprehensive economic partnership agreement (RCEP), the upgrading dividend of China ASEAN Free Trade Area will continue to be released.Next, Jiangmen Customs will deepen the research on RCEP rules, find out the trade situation of enterprises under its jurisdiction with RCEP countries, guide enterprises to master and apply the cumulative rules of regional origin, and further expand the international market.

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