Taiwan ECFA Issuance Certificate From 1 To March

both sides

It is worth noting that there is still a "triangle zone" that can not be crossed to reduce taxes.

Zhuo Shizhao, director of China World Trade Center in Taiwan, explained that triangular trade patterns accounted for 12.75% of the total unused ECFA tax collection and tax reduction manufacturers. At present, the land side has not opened up the tax reduction of goods imported and exported through third factories because it avoids other countries' free riders and grabs tax concessions.

Taiwan will also consult with the OECD and hope that Lu can relax this restriction.

The so-called triangular trade refers to the A manufacturers in Malaysia, who introduce Taiwan made goods to Taiwan B manufacturers to C manufacturers in mainland China. Although shipper and shipper are mainland to Taiwan, but because there is a A manufacturer in third places, even if it is early harvest, it can not apply tax reduction.

Zhuo Shi Zhao yesterday announced the implementation results of the early checklist. The most obvious thing is that the Taiwan market's original market share in the mainland has fallen sharply under the attack of Japanese and Korean goods. But after the implementation of ECFA, it has obviously rebounded. Compared with 1 and February this year, the import market share increased from 11.18% to 12.27% in December.

According to the customs statistics of the mainland, the amount of goods imported from Taiwan early this year from 1 to February amounted to US $2 billion 992 million, up 28.47% from the same period last year.

Which industries benefit most from the ECFA early checklist?

Zhuo Shizhao said that from January 1st to March 28th this year, the total number of certificates of origin issued by ECFA was 6469, amounting to 1 billion 143 million US dollars.

Among them, agricultural products accounted for 141, and industrial products accounted for 6328.

In terms of industrial products, the top 5 petrochemical companies were Petrochemicals (2288 pieces), machinery (1614 pieces), textiles (657 pieces), metals (561 pieces) and pport vehicles (425 pieces).

The top 5 orders for the amount were Petrochemical ($728 million), machinery ($189 million), metal ($110 million) textiles ($44 million), and motor ($37 million).