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    Inner Mongolia'S New Export Policy: About 32 Million Tariff Reduction.

    2016/3/10 14:41:00 26

    Inner MongoliaForeign TradeExportTariff

    The Inner Mongolia entry exit inspection and Quarantine Bureau issued a news release on the afternoon of 9, which issued 36558 certificates of origin in 2015, and the total amount of visa was 1 billion 594 million. The total export duty relief was 32 million.

    The certificate of origin is a certificate issued by the exporter at the request of the importer, certifying the origin or the place of manufacture of the goods, issued by a notary office or a government or exporter.

    Data show that since December 20, 2015, China, Australia, China and South Korea

    FTA

    After the implementation of China, as of the end of February 2016, the Bureau issued 148 certificates of origin in China, South Korea and China, with a visa value of 10 million 121 thousand, which played a role in boosting the development of Inner Mongolia's characteristic industries.

      

    Inner Mongolia

    The entry-exit inspection and Quarantine Bureau refers to serving China.

    The Belt and Road Initiative

    "The strategy and the Chinese equipment" go out ", the Bureau has done a lot of work in the certificate of origin. Not only has 3 enterprises such as Limited by Share Ltd of Baotou iron and steel group confirmed the certificate of origin, but also actively helped small enterprises to issue their origin and promote Inner Mongolia's export.

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    The yuan fell to nearly 100 points against the dollar on Wednesday, and rebounded yesterday. The middle price ended four consecutive liters, as the international dollar stabilized overnight.

    Traders said that the recent market trend basically referred to the performance of the middle price. In order to maintain the basic stability of the RMB exchange rate index (CFETS), the exchange rate continued to fluctuate in two directions when the depreciation of the renminbi was expected to weaken slightly.

    They also pointed out that during the two sessions, the news was quiet, and the demand for foreign exchange purchase increased after the exchange rate continued to rise. The paction increased significantly yesterday. The bank continued to provide liquidity in the direction of foreign exchange settlement. It strives to deviate from the central parity and the market price by no more than 40 points, but less attention is paid to the international dollar fluctuation in the day. Offshore CNH CNH=D3 exchange rate is also dropping slightly, and the price difference between the offshore price and the shore price is maintained at 50 points.

    "Recently, the fixing (middle price) followed the US dollar index and the market price followed fixing, but the rhythm was still controlled by big banks."

    A Chinese bank trader said.

    According to the data released by Hongkong Finance Association, the fixed price of US dollar / Renminbi (Hongkong) spot exchange rate was 6.5168 in March 9th.

    UBS's latest view is that in the short term, the Central Bank of China should strive to maintain a relatively stable exchange rate against the US dollar and a basket of currencies.

    It maintained a moderate depreciation of the RMB against the US dollar in the whole year, and the forecast for the exchange rate of 6.8 at the end of 5% was unchanged.

    The exchange rate is likely to remain stable and devalued for most of the time.

    The central bank may continue to use foreign exchange reserves to stabilize its currency and tighten its foreign exchange reserves in practice to avoid a significant depreciation of the exchange rate and effective management of capital flows.


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