[Hot spot] Mainland import hard paper zero tariff Taiwan paper factory export profit

2023-08-29 15:37, published in Jiangsu province

 According to customs statistics, in 2022, Taiwan exported about 750,000 tons of industrial paper to the mainland, accounting for more than 60% of the total export volume, which is the largest overseas market. The industry estimates that Zhenglong is the largest amount of paper exported to the mainland, followed by Rongcheng.

 Zhenglong said that from 2023, Taiwan paper exported to the mainland, less tariffs, more competitive, and the raw material cost of Taiwan paper is cheaper than the mainland, will help further expand the market share. Zhenglong has eight carton factories in the mainland, mainly using raw paper produced by Zhenglong Taiwan. It is estimated that tens of 10,000 tons every month, and about 10,000 tons of industrial paper is exported to the land factory. In addition, Rongcheng's export of industrial paper to the mainland, also accounts for about 30% of Taiwan's production capacity.

 When Taiwan joined the WTO in 2002, and the import tariff on paper products has been reduced year by year. In 2004, the tariff was reduced to zero, and there is still 5% and 6% tariff for exports to the mainland, which is unfavorable to the fair trade competition between the two sides. Until January this year, the mainland's import tariff on coated paper, cultural paper, industrial paper and other paper types was reduced from 5% to 0%, and the import tariff on high-priced products such as Glazine paper, American paper, tape and label paper was reduced from 6% to 5%, which is conducive to the export of Taiwan paper mills.

 Taiwan paper association held on July 28, general assembly, chairman of the Huang Kun said that the past three years outbreak market demand ups and downs, then the international situation, rising prices and environmental pressure also impact on industry, high cost will be industry reality, paper need to focus on ESG and net zero trend, accelerate the wisdom, low carbon transformation.

It is worth mentioning that the association will host the 7th "Asian Pulp and Paper Industry Sustainable Development Conference" in November 2023. It is estimated that nearly 200 representatives from 10 Asian countries in Asia will participate in the event, which is an industrial activity of entity exchange in Asia held in five years after the epidemic.

END source: Business Times


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