The Export Of Sewing Machines Benefits From The Sino Swiss FTA Agreement

< p > China and Swiss Confederation sign free trade agreement "zero tariff" good domestic sewing machine export < /p >

< p > reporter recently learned from the Ministry of industry and information technology, recently, China and Swiss Confederation formally signed the People's Republic of China and Swiss Confederation free trade agreement. Rui Fang will immediately impose zero tariffs on China's 99.7% export products, which will reduce the export cost of our domestic "a href=" //www.sjfzxm.com/news/index_c.asp "sewing machine < / a >, which is conducive to enhancing the international competitiveness of our products.

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< p > July 6th, the free trade agreement between People's Republic of China and Swiss Confederation was officially signed. This is the first FTA reached between China and the 20 largest economies in the European continent and the world. It is one of the highest and most comprehensive FTA reached by China in recent years.

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< p > according to the agreement, after the implementation of the Sino Swiss FTA, Rui Fang will immediately impose zero tariffs on 99.7% of China's exports, and China will finally implement zero tariff on the export of Rui Fang 84.2% (67% of them will immediately implement zero tariff on the date of the effective date of the agreement, and the other 17% will reach zero tariff level in 5 to 15 years).

For instance, with the addition of some tax reduction products, the proportion of products that Switzerland participates in tax reduction is 99.99%, and the Chinese side is 96.5%, which is much higher than the 90% tax reduction level in the general international free trade agreement.

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< p > reporter learned from China < a href= "//www.sjfzxm.com/news/" > sewing machinery < /a > Association, at present, China's export of Swiss sewing machinery products exports less industrial sewing machine products, with household sewing machines (including multi-functional household sewing machines) as the main export volume, about 26 thousand units per year, and 73% of the export volume is imported processing trade.

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< p > industry analysis of the impact of the agreement on China's sewing machinery industry indicates that the completion of the Sino Swiss free trade zone will reduce the export cost of domestic sewing machine products and is expected to enhance the international competitiveness of other home-made sewing machine products.

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Li Guanghui, chairman of Xi'an standard industrial Limited by Share Ltd and chairman of Li Jinning, chairman of Fu Yi group, said in an interview with reporters that the signing of the FTA is good news for China and Switzerland. It is good for China's light industry, < a target= "_blank" href= "//www.sjfzxm.com/" > textile /a < a target= "_blank" href= "P", "garments" and "finished products" exported to Switzerland, and will also greatly enhance the international competitiveness of domestic sewing machinery products in the international market, especially the European market.

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< p > Li Jinning introduced: "Fu Yi Group's business in the Swiss market is a simulation floppy drive, mainly for upgrading and upgrading of the old mechanical and electrical equipment in Switzerland.

At present, the sales of Fu Yi's analog floppy drive products in Switzerland is about $20 thousand a year.

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< p > but at the same time, frankly speaking, according to the relevant data, China's exports to the Swiss market < a href= "//www.sjfzxm.com" > sewing machinery products < /a > mostly for household sewing machines or multi-functional household sewing machines, and the quality is higher, which is very popular with local consumers. However, the domestic industrial sewing equipment needs to go through a certain stage of development to enter the Swiss market in an all-round way, and there is a lot of work to be done ahead of time.

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