ASEAN zero tariff Chinese LED manufacturers need to identify the basis points

Study on green energy division LEDinside global market research firm TrendForce's said that the rapid development of LED lighting in the Southeast Asian region, in addition to benefit from the infrastructure driven by the development and influence of the association of Southeast Asian nations also had a great role in promoting. Association of Southeast Asian Nations is a governmental international organization for the collection of Southeast Asian countries. Since the establishment of the ASEAN in 1967, with a population of 618 million people, 4 million 480 thousand square kilometers of land, with abundant natural resources, is one of the fastest growing areas of the global economy.

In terms of the degree of economic integration, the internal and external cooperation forms of the association of Southeast Asian nations are free trade areas. Southeast Asia Free Trade Area officially launched in January 1, 2002. The ASEAN Free Trade Area Chinese was established in January 1, 2010, China and horse, new Indonesia, Thailand, Brunei, Philippines, the 6 in a comprehensive free trade zone is expected in 2015 and again; Liao, Burma, Cambodia, the 4 Nations free trade area. In the first three quarters of 2014, the total trade between China and ASEAN countries was about US $346 billion 597 million, accounting for 11% of China's total foreign trade. The two sides are planning to update and expand Chinese ASEAN FTA agreement content and scope, non-tariff measures, put forward a new batch of service trade commitments from the access conditions, personnel exchanges and other aspects to promote substantial investment in open areas, promote trade and investment liberalization and facilitation, and strive to 2020, bilateral trade volume reached 1 trillion dollars.

Benefit from the China ASEAN bilateral trade agreement, Chinese manufacturers to export LED products to ASEAN countries can enjoy low tariffs or even zero tariff. For example, as long as the Chinese enterprises to obtain proof of origin in the country, the export of LED products to ASEAN countries tariff is zero. And in the finished part of the lighting, the ball bubble lamp, for example, in addition to Indonesia and Philippines have lower tariffs, exports to other four countries LED lighting products tariff is basically zero. Tariff concessions for Chinese LED manufacturers stationed in the Southeast Asian market provides a good environment to promote further cooperation between China and asean.

ASEAN is not only actively negotiating a free trade agreement with foreign countries, but also set a goal in 2015 to set up the ASEAN economic community". The establishment of the ASEAN community will enable ASEAN to become a single market and manufacturing base. And Southeast Asian countries, the rapid economic growth, infrastructure investment is very large, the policy is also very attractive, the industry has become optimistic about the growth of new forces LED lighting. ASEAN economic community contains a number of specific objectives, which can promote the key Chinese LED manufacturers to enter the Southeast Asian market including the free circulation of goods, investment, free flow, free flow of capital free flow of labor and transportation infrastructure construction.

The establishment of a free trade area with the economic community, has brought many favorable policies for Chinese LED manufacturers, become China LED manufacturers to enter the ASEAN market niche, and specific strategies corresponding to different manufacturers are different. Such as packaging manufacturers should seize the opportunity to enter the local lighting factory supply chain, or to invest in local factories; lighting factories should shift more directly out of finished products to the local market, as well as a new mode of transport, shorten the transportation time and distance. The lighting brand factory can use a single agent or office in the Southeast Asian market, you can invest and build factories in the region, Southeast Asia as a manufacturing base. LED manufacturers of different industrial chain, should seize the golden opportunity to enter the Southeast Asian market, the development of this emerging market expectations.

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