Macau: The revised CEPA standard of origin of goods was implemented on January 1, 2021

Through the mechanism under CEPA, after discussion with the Mainland, it has been determined that the seven CEPA standards of origin will be optimized and revised for implementation on 1 January next year.
Together with the seven items of revision of the standards of origin for goods implemented on 1 July this year, a total of 14 CEPA standards of origin were optimized for the whole year, covering meat products, nuts, other animal products (e.g. bird's nests, honeycomb pulp, etc.), Chinese herbs, condiments and medical items.
to the optimization and revision of the relevant standards of origin to provide favourable conditions for food and drug production enterprises in Australia, promote the sustainable development of industry and tie in with the implementation of the direction of the SAR Government's industrial development policy.
China and Macau CEPA 'Trade in Goods Agreement' was implemented on January 1, 2019, which sets standards of origin for more than 8,000 mainland tax-numbered goods.
In response to the actual development needs of enterprises, the CEPA agreement has formulated a consultation mechanism for the revision of the standard of origin, the relevant mechanism can be on the industry due to the transformation of production technology or the adjustment of production scale and other factors, and the goods to put forward the request for the revision of the standard of origin.
enterprises may submit amendment applications to the Economic Bureau by 1 March and 1 September each year respectively for consultation between the Mainland and Macao on the amendment applications.
agreed that the revised standards of origin would be implemented no later than 1 July of that year and 1 January of the following year, respectively.
With the continuous optimization of the standard of origin of goods, to create more favorable conditions for Enterprises in Macao to enjoy CEPA zero-tariff concessions, seize the development opportunities of Guangdong, Hong Kong and Macao Bay Area, and enter the mainland market, therefore, to promote the further development of local manufacturing industry.
at the same time, by using Macao's role as a platform for business cooperation between China and Portuguese-speaking countries, manufacturers can be attracted to bring high-quality raw materials from Portuguese-speaking countries into Macao for processing and production, and to develop the mainland market with products made in Macao.
CEPA trade in goods has been in effect since January 1, 2004, and as of November 2020, the Economic Bureau has issued 6,608 CEPA certificates of origin, of which 5,841 certificates have been used, and the total value of goods exported to the Mainland on a zero-tariff discount is nearly 1.12 billion patacas, exempting nearly 76 million patacas from taxes.
products mainly include copper plates, textile garments, stamps, food and beverages.
total exports of goods entering the Mainland market on a zero-tariff manner from January to November 2020 amounted to nearly MOP73 million.
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