China's national trade promotion system issued more than 1.54 million certificates for trade promotion in the first quarter of this year, up 17.38 percent year on year, said the China Council for the Promotion of International Trade (CCPIT) on Sunday.
The certificates include certificates of origin, Admission Temporaire/Temporary Admission (ATA), and commercial certificates, among others.
Specifically, the total value of non-preferential certificates of origin issued by the system was 84.93 billion U.S. dollars, a year-on-year increase of 2.47 percent. The value of preferential certificates of origin was 16.12 billion U.S. dollars, rising 4.73 percent year on year.
"The figures indicate that China has maintained a sound foreign trade momentum since the beginning of this year. And we are full of confidence in achieving our goal to steadily increase the volume and raise the quality of foreign trade throughout the year," said Zhao Ping, spokeswoman for the CCPIT.
Moreover, 54,000 certificates of origin were issued by the national trade promotion system under the Regional Comprehensive Economic Partnership (RCEP) free trade agreement, involving about 1.67 billion U.S. dollars, up 18.56 percent and 2.38 percent year on year, respectively.
The rise in both the value and the quantity of certificates of origin under the RCEP has reflected that the free trade agreement has continued to release trade dividends, delivering tangible benefits to foreign trade enterprises, Zhao said.
The ATA Carnet is an international customs and temporary export-import document.
Certificates of origin are documents widely used in international trade transactions. The issuance of these certificates is widely regarded as a barometer of foreign trade.
China's national trade promotion system issues 1.54 mln certificates in Q1
