According to statistics from Shandong Laizhou entry exit inspection and Quarantine Bureau, in the month of 1~7 this year, Laizhou clothing was exported to 111 batches of Korea, worth 82 thousand US dollars, up 404.55% and 234.2% respectively over the same period last year.

It is understood that making full use of the preferential tariff policy of the Asia Pacific Trade Agreement is one of the main reasons for Laizhou's clothing exports to Korea.

The scope and scope of preferential trade tariffs extended by the new round of tariff concessions in the Asia Pacific Trade Agreement have been greatly expanded. China's products enjoying preferential tariffs in India have expanded from 188 original items to 570 6 tax items. Korea's preferential tariff products have been expanded from 227 6 items to 1367 10 items. The preferential tariff products in Sri Lanka have been expanded from 288 8 tax items to 427 6 items.