The hottest mainland organic chemicals benefit fro

2022-09-30
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Mainland organic chemicals benefited from ECFA regulations. On August 15, the latest statistics released by the General Administration of Customs showed that in the first half of the year, 12201 mainland imports enjoyed tariff preferences under the Cross Strait Economic Cooperation Framework Agreement (ECFA), with a value of $1.914 billion and a tariff preference of 353 million yuan. Among them, organic chemical products accounted for 45.3% of the total benefited imports

according to customs statistics, compared with the import of similar goods in the same period last year (the same below), the import value of products covered by the ECFA tax reduction list under general trade increased by 44%, significantly higher than the year-on-year growth rate of 23.7% under the general trade of the mainland from Taiwan, and also higher than the year-on-year growth rate of 33% of the general trade import of the mainland to the world

in terms of value, the goods that enjoy ECFA tariff preference imported from the mainland are mainly organic chemical products, with an import volume of 867million US dollars, accounting for 45.3% of the total benefited imports. P-xylene, propylene and o-xylene are the main varieties. Mechanical equipment, plastic products, metallurgical products, mineral products and textile products TBEA will make full use of this advantage, and the five categories of benefited imports will be 345 million, 213 million, 174 million, 89.959 million and 81.103 million dollars, accounting for 18.0%, 11.2%, 9.7%, 4.7% and 4.2% of the total benefited imports respectively

to achieve sustainable development requirements in Ningbo port, which has the largest import volume of ECFA goods, after the implementation of ECFA early harvest plan, the tariffs on propylene, p-xylene and other chemical raw materials have been directly reduced to zero, which has increased the market competitiveness of chemical products originating in Taiwan, China. Directly measure the two true distances of the original standard distance as the gap after the break. In the first six months of this year, Ningbo Port imported 340million US dollars of paraxylene and 290million US dollars of propylene from Taiwan

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