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Taiwan's products into Yiwu largest importer

Source: Yiwu sourcing agent    Author:       Date: 2010-06-30

Yiwu City Foreign Trade Bureau was informed that from January to May this year, Yiwu products imported from Taiwan amounted to 28.77 million U.S. dollars, up 66.75 percent. From the data point of view, Taiwan has become the largest imports in Yiwu. Italy's second-largest importer, prior to May of this year was 20.47 million U.S. dollars of imports value.

    Another popular news investor concern, "Cross-Strait Economic Cooperation Framework Agreement" (the "ECFA") formally signed yesterday in Chongqing. By agreement, both sides will be hundreds of import and export products tariff adjustments, in less than two-year period divided into 3 steps on the Early Harvest products with zero tariff.

    Yiwu City Foreign Trade Bureau of the staff that, "ECFA" will Yiwu trade and economic exchanges with Taiwan more closely. In the future, Yiwu people can buy cheaper products from Taiwan, Yiwu enterprises can Midao more investment opportunities.

    Taiwan cheaper fruit cookies

    "Details of the agreement, once implemented, the cost can be greatly reduced tariffs." Yiwu International Trade City Dream Center director for the Taiwan music these days has been concern Flanders "ECFA" progress, he noted that Taiwan's food company the list of tariff reduction may also .

    "ECFA" a big bright spot is that under the Early Harvest Program, China will have 539 products originating in Taiwan, the implementation of tariff reduction, including agricultural products, chemical products, mechanical products, electronic products, auto parts, textile products, light industry products, metallurgical products, instrumentation and medical products 10 categories.

    "Music Dream" in Taiwan is quite a powerful chain. Two years ago stationed in Yiwu, the main business in Taiwan, Japan, Bali and other places products. High Flanders said, according to current standards, Taiwan snacks, melon shells and other food customs costs about 20% to 50% of the total. Once the formal implementation of the framework agreement, import prices will be relieved of duty because of significantly lower. For example, in Taiwan, selling 3 yuan / box of biscuits, China may sell 5 yuan / box, remove the tariffs, the price may be reduced to 4 yuan / box.

    In agriculture, the agreement relating to tariff reduction of imports from Taiwan are 18 items, including dragon fruit, oranges, tea, Pacific saury, Oncidium cut flower, mushroom and other products. For Yiwu people, we can also eat more fresh and cheap fruits from Taiwan.

    Yiwu enterprises to find business opportunities from

    "Three direct links", the Yiwu close economic and trade exchanges with Taiwan. Just signed "ECFA", Yiwu enterprises to usher in a new business opportunity. A few days, Yiwu "Danxi Wine" Mister Moses front will go to Taiwan, and Taiwan to discuss red yeast rice wine biscuits head of investment production project. He intends to Taiwan, Hong Qu biscuit production technology and production lines lead to Yiwu, the development function of biscuit market. He said the project was negotiated, the imported equipment can benefit from EC-FA agreement.

    In addition to imports, the Yiwu enterprises in the export and investment in Taiwan as he could find. According to statistics, 1 in May this year, Yiwu, exports to Taiwan reached 5.66 million U.S. dollars, up by 371.53%.

    "Tariff adjustment yet? Then I'll have to look at." Operating in Yiwu International Trade City garden machinery products, Ms Wu from Taiwan last year, concerned about the investment policies of the mainland, her company intends to enter the Taiwan market, and expand sales volume.

    High Flanders said the company is located in Yiwu of window not only only sell imported products, the other function is to collect all kinds of products in Yiwu, head back to Taiwan, then head scheduling. Tariff costs, the company's purchasing volume may rise.

    Yiwu Foreign Trade and Economic Council staff revealed that trade between Taiwan and reduce the cost of Yiwu, the Yiwu private enterprises Midao more business opportunities.



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