Recently, according to "People's Republic of China GSP Certificate of Origin Form A Signing Management Measure ", Shandong China Coal Industry&Mining Supplies Group, after layers of rigorous examination, successfully obtained Shandong Province CIQ GSP FORM A. The main business scope includes machinery and equipment, electrical machinery and parts production and processing, electronic products, chemical products, steel, agricultural products wholesale and retail, new energy research and development.

G.S.P is the abbreviation Generalized System of Preferences. It is a kind of universal, non-discriminatory and non-reciprocal preferential tariff system that offered by developed countries for developing countries exporting manufactured goods and semi-finished products (including some primary products) .The goal is to help developing beneficiary countries increase export earnings, promote industrialization and accelerate economic growth through the tariff exemption preference-giving countries offered for beneficiary countries.

The GSP FORM A Shandong China Coal obtained this time is helpful for the Group to expand her exports in international trade, enjoy preferential tariff rates, reduce product costs and improve competitiveness in international markets. Meanwhile, it also do a favor for China Coal in promoting the strategic globalization process!