BUSINESS China-CEEC customs information center kicks off operations in Ningbo

BUSINESS

China-CEEC customs information center kicks off operations in Ningbo

Global Times

09:13, April 28, 2021

China and Central and Eastern European Countries (CEEC) customs information center was officially put into operation in Ningbo, East China's Zhejiang Province on Tuesday, marking a milestone for China-CEEC cooperation, according to the General Administration of Customs of China.

File Photo:VCG

The center will promote the communication and exchange of customs inspection and quarantine laws, regulations, policies and measures, between China and CEECs.

Since China-CEEC cooperation started in 2012, the cooperation mechanism has become a model for trans-regional and multilateral cooperation in the era of globalization, Deputy Customs Commissioner-General, Wang Lingjun, said at the opening ceremony.

The average annual growth rate of trade between China and the 17 CEECs is 8 percent, three times higher than that of China's foreign trade. The China-Europe freight trains have covered most of the CEECs, with 30,000 trips in total, according to the Chinese Customs.

Even in 2020, when the COVID-19 epidemic was raging, trade volume between China and the CEECs was still growing, reaching $103.45 billion, an increase of 8.4 percent year-on-year.

Huo Yuzhen, special representative of China-CEEC cooperation under China's Foreign Ministry, said that since 2012, exports from CEECs to China have increased by 15 percent and Chinese investment in the region is approaching $20 billion, which demonstrates the huge potential of China-CEEC cooperation.

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