Quanzhou Shoes And Clothing Enterprises Use Chile As Springboard To Radiate South America.

Since tomorrow (August 1st), the supplementary agreement on trade in services in the China Chile Free Trade Agreement (hereinafter referred to as the agreement) has been implemented. Chile's 37 branches and branches of distribution, mining, tourism and real estate are further open to China. Yesterday, reporters from Quanzhou entry-exit inspection and Quarantine Bureau was informed that by 2011, the vast majority of our products exported to Chile will be reduced to zero tax rate, "zero tariff" concessions also attracted more and more Quanzhou enterprises to Chile "Nuggets".

Exports to Chile surged in the first half

According to statistics, in the first half of this year, the Quanzhou inspection and Quarantine Bureau issued 269 copies of the certificate of origin issued to Chile, with a visa amount of US $11 million 630 thousand, representing an increase of 14% and 42% respectively over the same period.

According to introduction, in October 1, 2006, the China Chile Free Trade Agreement was put into effect. According to the agreement, the import tariff of 74% of the tariff of the intellectual party will be reduced to zero immediately after the entry into force of the agreement, and the import duties of other products shall be reduced to zero within 5 and 10 years after the entry into force of the agreement. Both parties reserve only 3% of the tax items as an exceptional product and keep the original tariff unchanged.

"The largest number of products exported to Chile in Quanzhou are footwear. Compared with the high tariffs before the signing of the free trade agreement, local importers have greatly reduced the tariff burden." Quanzhou inspection and Quarantine Bureau responsible person said, Chile's local consumption level is similar to that of China, most of the consumer goods rely on imports. With the gradual lowering of the tariff threshold in Chile, in recent years, the export of shoes and machinery to Chile has been increasing rapidly, and Chile has gradually become one of Quanzhou's important export markets.

Or consider the local purchase of ore.

Lin, a Quanzhou sanitary export enterprise who has worked with Chile for many years, believes that Chile is the main exporter of copper products worldwide. Copper accounts for about 80% of plumbing raw materials, and the water heating industry is most obviously affected by copper prices. After the formal implementation of the agreement, the environment for Quanzhou enterprises to invest in Chile has greatly improved. Quanzhou plumbing enterprises may take into account Chile's direct purchase of copper materials, and powerful enterprises can buy mines in Chile. "At the moment when raw material prices are soaring, if we can control the right to mine mining, we will control the quality and price of raw materials and create the biggest profit margin for enterprises".

Use this as a springboard to radiate South America.

"The trade point now established in Chile has officially started operation." Sun Shaohua, the head of a Quanzhou luggage enterprise, told reporters that as early as last year, he went to Chile to explore the market many times. With the implementation of the agreement, the cost of local distribution of products in Chile is expected to be reduced, and the future enterprises can further radiation Brazil and other South American markets by using Chile's springboard.