Leather Products And Footwear Are Included In The Prohibited Catalogue Of Processing Trade.

On the 24 day, the Ministry of Commerce published a new batch of banned catalogue of processing trade, a total of 589 10 customs code products.

This is also followed by the second heavy punches in the country during the year after processing trade adjustment of the 1853 ten commodity tax numbers in July 23rd.

The industry expects that in addition to prohibiting category catalogues, the restricted catalogues will also be introduced recently. Due to the higher share of processing trade in import and export trade, the follow-up policy is expected to continue around this keynote.

The catalogue mainly deals with animal products, plant products, animal and vegetable oils, foodstuffs, beverages, mineral products, chemical products, plastics and their products, iron and steel products, and aluminum products.

Some products containing endangered animal and plant ingredients are also prohibited, including leather products, animal hair and their fabrics, footwear, jewelry, spectacles, watches and clocks, miscellaneous products.

It has been observed that the list of the most effective measures for the labor intensive industries and energy consuming enterprises is the most obvious. The industry believes that this is also a requirement for the pformation and upgrading of the export industry from the policy level. At the same time, the export is still high, and the government has to give the government another strong dose of medicine.

The Ministry of Commerce said that the catalogue was issued to optimize the structure of China's export commodities, suppress exports of products with low added value and low technology content, promote pformation and upgrading of processing trade, and pform the growth mode of foreign trade.

"In the middle of this year, there was news in this area, and discussions were held among enterprises and trade associations."

Last night, when the reporter called Mr. Liu, the head of leather processing enterprise, he had already been preparing for leather products for a long time.

It is reported that recently, a leather enterprise in Shandong has just signed a land agreement for us $15 million project in Vietnam. For the pressure of domestic and foreign trade policy and the increase of export cost, many regulatory enterprises have begun to "pform" ready to go. The reporter has learned in the interview that due to the fact that the processing trade readjust has been heard six months ago, many large and medium-sized enterprises have made preparations for changing production or changing the way of trade. The industry expects that the pformation will be reflected in early next year.