Anhui Provincial Department of Commerce announced on the 29th that the office of the implementation group for the reform and opening up of the leading group for promoting the construction of "three places and one district" in Anhui Province recently issued the opinions of Anhui Province on accelerating the connection with the new economic and trade rules of the regional comprehensive economic partnership agreement (RCEP) and Solidly Promoting high-level opening-up (hereinafter referred to as the opinions). The opinions pointed out that by 2024, the goods trade, foreign investment and actual utilization of foreign capital between Anhui Province and other RCEP countries will account for 30%, 20% and 10% respectively.
The opinions cover development objectives, key tasks, safeguard measures, etc. It aims to guide enterprises to better grasp the opportunities brought by RCEP, actively adapt to the more open environment and more sufficient competition in the regional market, comprehensively deepen Anhui's opening-up and cooperation, and promote high-quality economic development.
In terms of vigorously developing trade in goods, the opinions proposed to expand the export of advantageous products. Establish a comparative list of commodity tax rates in RCEP countries to deepen enterprises' understanding of tariff concessions in RCEP key countries. Expand the proportion of exports of electromechanical products and high-tech products such as automobiles and parts, electronic information and mechanical equipment. Support agricultural enterprises to register overseas trademarks and obtain special certification in RCEP countries such as Japan and ASEAN, and deeply cultivate overseas markets by establishing Shenzhen Agricultural Products Group Co.Ltd(000061) direct sales centers.
In addition, efforts will be made to expand trade with Japan. Guide enterprises to make good use of China Japan tariff concession commitments. For 2034 export commodities with zero tariff in the first year and 2725 export commodities with significant tariff concession in five years, focus on mechanical equipment, electrical equipment, textile and clothing, and strengthen market development.
In terms of deepening two-way investment cooperation, the opinions proposed to promote the implementation of national treatment for foreign investment. Implement the work of reducing the negative list of foreign investment access, and give national treatment to other RCEP countries. Improve the facilitation level of the establishment of foreign-invested enterprises and the examination and approval of investment projects, and clean up and adjust the investment management measures that are incompatible with RCEP investment rules. Establish and improve the service system for foreign investors and strengthen the protection of the legitimate rights and interests of foreign investment.
At the same time, we will increase investment attraction to RCEP countries such as Japan, South Korea and Singapore in the fields of integrated circuits, new energy vehicles, photovoltaic, household appliances and semiconductor materials. Encourage the development of market-oriented and professional intermediary investment promotion and entrusted investment promotion. Strengthen the connection with ASEAN, Japan, South Korea industry associations and overseas Chinese Chambers of Commerce, and expand investment channels.
The Opinions also proposes to expand the field of foreign investment. Support enterprises such as automobiles, building materials and household appliances to "go global".
