The imported batch of fresh cherries weighed 1.2 tons, with a value of 104,000 Yuan and was imported by Shanghai Yihe Agricultural Production Company. Shanghai customs opened a green channel for fast clearance of goods.

Under the China-Australia Free Trade Agreement, 5662 Chinese goods and 2402 Australian goods will enjoy zero tariffs. According to the agreement, Australia will implement the zero tariff policy towards Chinese produced products within five years. China will carry out a zero tariff policy towards 96.8% of goods produced in Australia over a length of fifteen years.

Before the China-Australia Free Trade Agreement, China already carried out fifteen trade agreements and arrangements, but these were declined year after year by the partner countries. Between January and November 2015, Shanghai imported 589,000 tons of fruit under preferential trade agreements, with a total value of USD $880 million and 830 million Yuan of tax relief. This is an increase of 21.7%, 37.2% and 46.2%.

Source: Eastday