HK-Mainland Trade: New Origin Standards for Tea

Understand the revised origin standards for tea trade between Hong Kong and Mainland China,effective July 1,2023.Learn about the new criteria and their impact on trade efficiency.

The revised origin criteria are: "(1) Processed from tea leaves.The main manufacturing processes include fermentation,rolling,drying,and blending; or (2) A regional value content of 40% based on the subtractive method or 30% based on the additive method." This change aims to further enhance economic and trade exchanges between the mainland and Hong Kong,providing clearer and more specific operational guidelines for bilateral trade.

The revision of this new origin standard not only helps to improve the efficiency of economic and trade exchanges between the Chinese mainland and Hong Kong but also helps to further enhance the economic and trade relations between the two sides,laying a solid foundation for future economic and trade development.