New Zealand
in January 1, 2016 to abolish all tariffs on imports from China; China in January 1, 2019 to abolish tariffs on most of the new imports, 24.3 percent of the product this year from October 1 To achieve a zero tariff. Reporters from the Oct. 8 in Beijing's China – New Zealand Free Trade Area of the high-level seminar was informed that China – New Zealand free trade agreement on Oct. 1 would come into effect, China Free Trade Area of the network also recently opened .
this year on April 7, in China and New Zealand witnessed by the Prime Minister, Minister of the two countries signed the Sino-New Zealand FTA, This is a new course of development of bilateral relations in a new milestone. The new free trade agreement between China and other countries signed the first comprehensive free trade agreement with China is also the first developed country to reach a free trade agreement.
In recent years, the rapid growth of bilateral trade between China and New Zealand, in 2007 bilateral trade amounted to 3,700,000,000 U.S. dollars, up 26%, and in 2003 of 1,830,000,000 U.S. dollars compared to four years to double to realize that China has become New Zealand The third largest trading partner, fourth largest export market and second largest source of imports. Mutual investment between the two countries have been expanding personnel exchanges have become increasingly frequent. As of the end of 2007, New Zealand has invested in China 750,000,000 U.S. dollars, Chinese direct investment in New Zealand have reached 41,060,000 U.S. dollars, and to show good growth momentum.
Vice Minister of Commerce Yi Xiaozhun said in his speech, the new free trade area will further reduce tariffs and expand trade in services such as access to open markets to each other, for the economic and trade cooperation between the two countries set up a new platform to promote and give full play to their respective sides Industry advantages to deepen cooperation in the agriculture and animal husbandry, forestry, household appliances, clothing and other traditional areas of cooperation in trade, education, tourism, environment, development of trade in services, investment for both sides to provide better protection policies. China and New Zealand free trade area between the two countries cooperation in economic and trade relations will inject new vitality so that in the new economic and trade relations to a new level.
tour of New Zealand Trade Ambassador, the former Trade Minister Jim Sutton in his speech stressed that the agreement for free trade agreements as a successful example of that signing free trade agreements can be the size of two different, but complementary trade Relations to a new high, reflecting the establishment of diplomatic relations between China and New Zealand 35 years ago, in the dialogue, cooperation and understanding of the unremitting pursuit.
Secretary of the International Department of Commerce Yu Jianhua Comprehensive introduced the agreement involved in trade in goods, trade in services, movement of natural persons, investment and other fields. On trade in goods, trade in most of the products will be gradually achieve zero tariffs. China's exports from New Zealand's point of view, New Zealand will be on January 1, 2016 to abolish all tariffs on imports from China. China's apparel, textiles, footwear category, mechanical and electrical products, light industry products from the three major export industry in the new free trade area with greater benefits. Yu Jianhua suggested that enterprises should make full use of the provisions of the agreement in order to fully enjoy the preferential tariff treatment. For exporters, if the New Zealand export products in line with the rules of origin requirements may be made to the subsidiaries of China's General Administration of Quality Supervision issued by the application of new preferential free trade area of origin certificate, which can enjoy preferential tariff in New Zealand. The import business, may require a new supplier to New Zealand to provide preferential certificate of origin or country of origin statement, which will be China's preferential import tariffs. If there are no new preferential free trade area of origin certificate, even with the origin criteria, the two sides in accordance with the Customs and Excise Department will continue to be the normal tariff rate, and not be able to enjoy free trade zone or zero tariff preferential tax rate. The companies hope that the agreement concerned about the origin of the standards and customs-related notice, to do a good job of the preferential certificate of origin to apply. On trade in services, the two sides in various service sectors to higher than the WTO. Through the free trade area to promote the export of labor services, and facilitate personnel exchanges, the agreement a major bright spot. China is also the first time in the free trade agreement to include rules of the movement of natural persons, for the first time through the signing of the FTA way to build the promotion of export of labor services and personnel exchanges between the new platform. In terms of investment, agreement between the two countries to provide investors with a system of safeguards.
on behalf of the participating experts and in-depth analysis of the agreement in the manufacturing, agriculture, services, mobility, investment and other fields to bring the two sides of the trade and investment opportunities and preferential treatment. The parties agreed that the agreement between the two countries for the implementation of the enterprise to create a more favorable environment for trade and investment, the expansion of bilateral economic and trade relations in space, to bring the two peoples tangible benefits.
According to another report, the Commerce Department under the Chinese portal, a free trade area network services have been opened to the general understanding of corporate free trade area, have a free trade area information platform to provide a public service. Among them, with China – New Zealand free trade area of the topic, published the agreement details.
through China – New Zealand free trade area under the theme Agreement on Tariffs inquiries , enterprises can easily be from the nearly 10,000 items found in the products required for preferential tariff rates, import tariffs, including China and New Zealand import tariffs. At the same time, the topic has also released a profile of bilateral economic and trade, bilateral trade and investment environment, employment and New Zealand to leave the working mechanism a great deal of information.
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China – New Zealand Free Trade Agreement, the main elements: trade in goods, trade in most of the products will be gradually achieve zero tariffs.
exports from China to New Zealand's point of view, New Zealand will be on January 1, 2016 to abolish all tariffs on imports from China.
(a) agreement when they come into effect from October 1 this year, Chinese imports from New Zealand to the normal tax rate no higher than 5% of the product to give zero-tariff treatment;
(b) For most of the normal tax rate In the more than 5% but not more than 12% of the products from its tariffs this year, starting on October 1 progressive reduction to the January 1, 2012 to achieve zero tariffs. Such products include household appliances, plastic and rubber products, auto parts, and so on; (c) for the car, and so the normal tax rate higher than 12% of the product, its tariffs this year on October 1 to 12% will be reduced year by year Until January 1, 2013 to achieve zero tariffs; (d) for the Chinese enterprises have a greater interest of export leather, wool fabrics, knitted apparel, footwear and other products, tariff from the year starting Oct. 1 year in and year out and were In January 1, 2014, January 1, 2016 to achieve zero tariffs.
according to China's export products of the new features, according to preliminary estimates, there are three major export industry will benefit from the new free trade area with greater benefits. The first is
clothing, textiles, footwear category, which is New Zealand's biggest tariff reduction. Although New Zealand
lower overall tariff level, but clothing, textiles, shoes and the tariff level is higher. Agreement after the implementation of the New Zealand each year will reduce tariffs on these products, and in January 1, 2014, January 1, 2016 to achieve zero tariffs. For example, China's exports to New Zealand's large cotton knit T-shirt (Tax Identification Number 610910), prior to the signing of the agreement rate of 19% in 2008 from 1 to August exports of the new 22,320,000 U.S. dollars, the agreement after the entry into force , The tariffs will be gradually reduced to January 1, 2016 to achieve zero tariffs. Another example is cotton knit baby socks (Tax Identification Number 611120), prior to the signing of the agreement rate of 19% in 2008 from 1 to August exports to the new 5,620,000 U.S. dollars, the tariffs will be on January 1, 2014 dropped to zero. New Zealand take into account the possible acceleration of tariff reduction policies, these products may be more than the actual tariff agreement provides lower. On the whole, with a further reduction of tariffs and elimination, I export products a competitive advantage will be further highlighted.
The second is the mechanical and electrical products, such products benefit from the widest range. machinery and electronic products China
is New Zealand's largest export category, the new exports in 2007 amounted to 960,000,000 U.S. dollars, accounting for China's new export 44% of the total. At present, New Zealand on the part of the machinery and electronic products imposed tariffs of 7 percent, according to the Agreement provides that these products will be on January 1, 2012 to achieve zero tariffs. For example, the household dishwasher (Tax Identification Number 842211), 2008 to August of a new export 4,130,000 U.S. dollars, the normal rate of 7 percent this year on October 1 has been reduced to 5% on January 1, 2012 to achieve zero Tariffs. The third category is
light industry products, will also be a large area to benefit from the tariff reduction.
light industry products, including toys, furniture, leather, handbags, ceramics, glass products, China is New Zealand's exports to the traditional advantages of goods. New Zealand imposed on these products more than the normal tariff of 6.5% to 7% in the new free-trade zone, China's exports of such new products will be on January 1, 2012 full享受零关税treatment.
imports from China since New Zealand's point of view, China will be on January 1, 2019 to abolish tariffs on most of the new imports, 24.3 percent of the product this year from Oct. 1 to achieve a zero tariff. Agreements in China for New Zealand agricultural products market access concessions was as follows:
in the new free trade agreements the two most important agricultural products are New Zealand's dairy and wool. For dairy products, the Agreement provides that the new import tariffs on dairy products from October 1 this year, gradually reduce, fresh milk and cream, butter, cheese from January 1, 2017 from zero tariffs; formula will be From January 1, 2019 from zero tariffs. For wool and wool tops, the implementation of China's tariff quota management, in China's WTO commitments in the global quotas in 2009 were 287,000 tons and 80,000 tons, respectively, in-quota rate of 1%, 3%. In the new free trade area, from China in 2009, the volume of global quotas, for import of the new wool and wool tops additional duty-free quota of the country, the country quotas in 2009 were 25,000 tons and 450 tons. Country quota will be first come first principle payment, importers may choose to apply for their own global or country-specific quotas for the quota. Country-specific quota management will be announced shortly.
China's imports from New Zealand's many other agricultural products, but also to achieve a zero tariff. For example, the kiwi is well-known feature of New Zealand fruit, is highly popular Chinese people, according to the agreement stipulates that from October 1 this year, China's imports from New Zealand's kiwifruit tariff from 20% to 17.8%, since the Year in and year out until January 1, 2016 to achieve zero tariffs. Moreover, China's imports of beef and mutton to the normal tariff of 12% to 23% in the new free trade area, will also gradually reduce tariffs, and to Jan 1, 2016 to achieve zero tariffs.
In addition, in order to guard against possible tariff reduction on both the impact of domestic industries, the agreement also included in the bilateral safeguards, to allow the parties as a result of tariff reduction in the domestic industry suffered serious damage or threat of injury, suspension Implementation of the preferential tariff. At the same time, the agreement also provides for the import of dairy products of the new special agricultural safeguards, if imports exceed the Agreement provides that the number of the Chinese side will cease to provide a concessionary tax rate for the time being, so as not to impact on domestic industries.
trade in services, the two sides in various service sectors to higher than that of the WTO. Through the free trade area to promote the export of labor services, and facilitate personnel exchanges, the agreement a major bright spot.
in the new free trade agreement, the Chinese commerce, environment, sports, 4 large transport services in 15 sub-sectors to higher than that of the WTO's market access commitments, New Zealand in commerce, education, construction and environmental 4 Large sectors of the 16 sub-sectors to higher than that of the WTO. In the specific details of the service trade experts in the topic will be further introduced. In addition, the two sides will also promote the education authorities and the work of mutual recognition of professional qualifications. The two sides promised to make more than is conducive to both sides in each other's trade in services in the market to maintain a certain competitive advantage, so as to consolidate and expand bilateral trade in services, as well as in the service sector to invest in each other.
It is worth mentioning that in the new free trade agreements, for the first time I am in the free trade agreement to include rules of the movement of natural persons, for the first time through the signing of foreign-way free trade zone, set up to promote the export of labor services and personnel exchanges between the new platform This is a major breakthrough in an important ground-breaking significance.
in the new free trade agreement in this regard include the following three specific requirements:
First, to promote Chinese characteristics into the career of New Zealand. Stipulated in the agreement, Chinese medicine, Chinese chefs, Chinese teachers, martial arts coaches and Chinese tourist guides, such as Category 5 with Chinese characteristics career, New Zealand will give China 800 free labor market test of job opportunities, in other words, the new employer to the employment of Chinese personnel When there is no need to New Zealand domestic availability of a suitable staff of the premise. At the same time, these features professional practitioners in China's access to education, practice and experience will be New Zealand's recognition, and can work in New Zealand for 3 years.
Second, Chinese skilled workers in the New Zealand market access. The two sides agreed in the FTA, New Zealand, China to the lathe worker, welders, electricians, plumbers, shipbuilding workers, auto mechanics, nurses, architects and computer engineers at all levels of 20 types of vocational and technical staff, 1000 to provide free labor Market testing of job opportunities. In the above-quota, the new party will ensure that in accordance with the provisions of the qualifications required the approval of China's entry personnel, engaged in related work. Third, New Zealand
to me unilaterally set up a working holiday system arrangements. New Zealand will be a year to 1,000 18-30 year-old Chinese youth to provide up to 1 year to the new work-study program. New Zealand is the first to make such arrangements with China. In addition, both China and New Zealand free trade area in the next exchange, China – New Zealand Dr. fellowships, an annual subsidy of 10 countries from the other side of the PhD students.
In terms of investment, agreement between the two countries to provide investors with a system of safeguards.
in the new free trade agreement between the two sides clearly to encourage and promote bilateral investment flows, strengthen bilateral cooperation in investment-related issues, for the establishment of a bilateral investment protection and security framework of the rules. Includes the following key points:
First, mutual investment in each other's commitment not to discriminatory treatment. This is the problem of investment enterprises biggest fear, fear of business investment is subject to discriminatory treatment. The adoption of a new free trade agreements to ensure that the Chinese enterprises to invest in New Zealand operations with New Zealand companies the same access to treatment, and must not be lower than in other countries to invest in the treatment of New Zealand to ensure a fair business investment policy environment.
The second is to provide an effective investment protection. From a number of specific aspects of the agreement provides for investment protection, for example, the agreement provides that the State can not levied for abuse of the right to invest, even in line with the requirements of public purpose, must also be imposed in order to be fair market value compensation. The agreement also provides for investment protection and effective channel to provide investors with the host country between the dispute settlement mechanism, that is, if the legitimate rights and interests of investors as a result of violations of the host country agreements provisions are violated, investors not only in the domestic submitted to the host country Administrative reconsideration or judicial proceedings, but also directly to the international arbitration to ensure the legitimate rights and interests are fully protected.
The third is to enhance the transparency of the policy. Agreement on the transparency of the special sections of the publication of laws and regulations, administrative procedures, the review and appeal procedures to give the rules which apply to investment. At the same time, to invest part of the agreement itself, but also greatly enhanced the policy of transparency and predictability, such as the transfer of investment and profit repatriation, the international arbitration procedures, have clearly stipulated that the enterprise is easier to grasp .