XM Customs issued 200K certificates of origin in 2024

City officials last week announced that the local customs office issued more than 207,000 regional preferential certificates of origin in 2024, covering goods valued at 81.8 billion yuan. Certificates of origin serve as the nationality proof for goods while regional preferential certificates of origin allow exporters to enjoy tariff reductions in importing countries.

These certificates enabled enterprises to enjoy tariff reductions of nearly 4.1 billion yuan in importing countries. Among them, 63,500 were RCEP certificates of origin covering goods worth 26 billion yuan, helping exporters save 350 million yuan in tariffs.

Local authorities said that tariff reductions, cumulative rules of origin and trade facilitation measures have enhanced the competitiveness of exported products for enterprises.