Ceramic Industry should Seize the (1/8/2010)

When the New Year is coming, there is a piece of good news in the ceramics industry, on the December 29, the Ministry of Commerce held a "China - ASEAN Free Trade Area into a" special press conference to announce the 2010 China and ASEAN free trade area will be fully completed. So far, the two sides have successively signed the "Agreement on Trade in Goods", "Agreement on Trade in Services" and "investment agreement."

Commerce Department officials also announced that from next January 1, China and six old ASEAN members, namely: Brunei, Philippines, Indonesia, Malaysia, Thailand and Singapore, there will be more than 90% of the products to implement zero tariffs. China average tariff on ASEAN from the current 9.8% to 0.1%, six old members of ASEAN to China average tariff from the current 12.8% to 0.6%. Four new members of ASEAN, namely Vietnam, Laos, Cambodia and Myanmar, will also be 90% in 2015 to zero tariffs. In addition to trade in goods, the two sides level of opening up the services sector has further improved, investment policies and environment protection of the legal system, more stable and transparent. As China and the ASEAN free trade between the basic, capital, resources, technology and talent flow of factors of production efficiency will significantly increase the degree of economic integration between the two sides will reach an unprecedented level.

Information can be seen from the above, since the completion of a comprehensive free trade zone enterprises to both parties a rare opportunity in recent years, Chinese ceramic enterprises frequently overseas anti-dumping investigations, to the enterprise has brought heavy losses. Especially for the Guangdong Foshan ceramic enterprises such a very dense ceramic-producing areas, the impact is particularly significant. In recent years, China Ceramic companies and Viet Nam, Malaysia and other ASEAN countries, trade relations become closer and closer, while the ceramic glaze and color technology and equipment is large-scale enterprises to enter the ASEAN countries, Bank and became very close relationship, In this context, the China-ASEAN Free Trade Area of the fully completed, so that they reduced tariffs from 10% to about 0.1 ~ 0.6% of the ceramic enterprises will undoubtedly bring huge investment and trade development space, or even to line into an integrated free trade and investment market. This opportunity, in the shadow of the financial crisis has just been cleared, it will be very rare.

Since 2007, the major ceramic producing area of the ceramic industry, have met with an iron hand, the local government regulation, investment-oriented businesses into the hearts of a pimple, on the contrary, in Vietnam, Malaysia and other countries, do have their own rich resources of raw materials for ceramics and human resources, and cost cheaper. The China-ASEAN Free Trade Area of the full completion of the investment behavior, it will greatly improve the investment environment and provide the level of legal protection, which is increasingly depleted resources, today's long-term development of the ceramic industry, but also a rare opportunity.