S.China Ports Make up 40% of China’s Imports from ASEAN Members
published: cw 40, 2005 in Global Trade & LogisticsGuangdong Province, an economic locomotive in south China, has been playing an increasingly important role in trade between China and ASEAN member countries since the construction of the China-ASEAN free trade zone started in July.
Latest customs statistics show ports in Guangdong imported in August 26.33 million US dollars worth of goods from ASEAN member countries, involving tax holidays valued at 19.36 million US dollars, or 41.72 percent and 44.74 percent, respectively, of China’s total.
Arrivals enjoying tariff cuts mainly came from Thailand, which were valued at 10.17 million US dollars, or 38.62 percent of the total tax-cut-backed imports by the province from ASEAN. The country was followed by Singapore, Indonesia, Malaysia and Vietnam, the local customs house said.
Source: ChinaView.cn
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