China, Japan And South Korea Free Trade Zone Early Expectations

"China, Japan and Korea are geographically close and interlinked, eager to see the FTA go ahead as soon as possible, bringing new business opportunities to Chinese enterprises and bringing warmth to the" cold winter "of foreign trade.

"Many Korean people like Chinese beer," said Yu Hong, manager of overseas marketing department of Limited by Share Ltd marketing center of Zhujiang Beer Limited by Share Ltd.

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In the third phase of the 118th Canton Fair, there are 89 exhibitors in Korea, mainly selling Korean jewelry, beauty cream and ginseng.

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The Chinese and Korean companies have expressed the hope that the China Japan Korea free trade zone can make an early start, bring new business opportunities to the trade between the three countries and enjoy the dividend policy.

Chinese Premier Li Keqiang is in South Korea for an official visit. The negotiation of the China Japan ROK free trade area and regional comprehensive economic partnership agreement (RCEP) is regarded as an important part of the visit. At the same time, the Sixth China Japan ROK leaders meeting was held in Seoul.

After 3 and a half years of "lockout", this is the highest level meeting in the three party cooperation between China, Japan and South Korea, and has attracted the attention of the economic circles.

Some experts said that China, Japan and Korea have close economic and trade ties with each other.

In recent years, the trade between China and South Korea has been heated. In June this year, China and South Korea signed.

The completion of the FTA negotiations, "China made 2025" and South Korea's "manufacturing innovation 3", China's "one belt road" and South Korea's "Eurasian initiative" and other development strategies have been placed on the agenda, but the further development of China, Japan and South Korea's economic and trade relations, there is still much room for improvement.

South Korea's Amy beauty cosmetics company revealed to the buyers the latest research and development of the company's wrinkle and smear mask, attracting many buyers to visit.

Jin Fenghan, President of the company, said that the participation in the Canton Fair was to find new customers or agents.

"In fact, a lot of our products are imported from the mainland of China, and we hope that China and Korea and China, Japan and Korea free trade area will be established as soon as possible, so as to reduce trade costs and increase more trade."

"For example, the Korea ginseng in Korea sells more than 20000 yuan a box (600g) in Hongkong, but in the mainland of China, tariffs will be sold to fifty thousand yuan."

Korean ginseng Han Yinhong sales representative Zhou Yanfen said that Korea ginseng and other Korean ginseng products are very popular with Chinese mainland people, but their company is now attracting more tourists from the mainland to Hongkong through Hongkong.

"At present, the products of Korean enterprises enter the mainland of China, and a considerable part of them are through purchasing channels."

Zheng Changhu, a foreign marketing department of pines Limited by Share Ltd, said that Korean cosmetics companies need to apply for health permits when they want to set up factories or sell their products in mainland China, but the examination and approval of licenses and other documents are time-consuming. Now they expect that China Japan Korea free trade zone can speed up the negotiation process, and the FTA can take effect as soon as possible, so as to benefit the development of Korean enterprises in China.

Kang Cheng, general manager of Shandong Kangtai Industrial Co., Ltd., which focuses on massage chairs and other medical devices, attaches great importance to the health market in Korea. At present, the company has entered the Korean market for more than ten years, and its sales to Korea have reached about 20000000 US dollars, and it has been increasing year by year.

He hopes that in the tax exemption list on the relevant FTA arrangements, it can incorporate more Chinese enterprises' products, so that more enterprises can enjoy the dividend policy.