The city’s exports of zero-tariff goods to Mainland China under the Closer Economic Partnership Arrangement (CEPA) in July were more than double those of June, according to the latest official data released yesterday by the Economic Services Bureau (DSE). Last month, total CEPA exports to the Mainland amounted to MOP10.7 million (US$1.3 million), which is a jump of 122.6 per cent compared to MOP4.8 million one month ago. In addition, the amount is the second highest monthly value of this year, after April when exports of MOP11.2 million to the Mainland under the agreement were recorded. For the first seven months of the year, local zero-tariff exports to the country reached MOP52.9 million. Accumulatively, the total value of local zero-tariff exports since the agreement between the two parties was implemented in January 2014 stands at MOP720.2 million. As at the end of July, a total of 599 Macau Service Supplier certificates had been issued to local firms, an increase of one compared to the previous month. The certificates allow local companies and enterprises to operate their businesses on the Mainland and enjoy zero-tariff treatment. According to the DSE data, half of the city’s suppliers in the country were providing transport services there, including freight forwarding agencies, logistics, storage and warehousing. Meanwhile, 25 per cent of the local suppliers were providing medical and dental services in the Mainland, followed by those offering real estate services and those engaged in the convention and exhibition field, accounting for six per cent and seven per cent of the total, respectively.
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