In the first quarter of this year, Qingdao Customs issued a total of 28,000 RCEP certificates of origin, ranking first in the country in terms of the number of certificates issued, official statistics showed.

The export value of preferential goods reached 6.03 billion yuan ($829.67 million), representing a year-on-year increase of 17.5 percent year-on-year. Since the implementation of the RCEP, Qingdao Customs has issued a total of 223,000 RCEP certificates of origin, with the export value of preferential goods reaching 51.75 billion yuan. Relevant enterprises can enjoy more than 500 million yuan in tariff reductions from RCEP member countries.

Since the implementation of the RCEP, Qingdao Customs has continuously strengthened information and data sharing, promoted mutual recognition of origin verification results, and achieved simultaneous progress in RCEP implementation and one-time completion of origin verification, helping companies fully reap the benefits of the RCEP.