China'S Import And Export Tariffs Will Be Partially Adjusted In 2011

　 After deliberation by the Tariff Commission of the State Council and approval by the State Council, China's import and export tariff items and rates will be partially adjusted from January 1, 2011.

China's entry into the world trade organization The tax reduction commitment of was fully fulfilled in 2010, and the MFN tax rate remained unchanged in 2011. Continue to implement tariff quota management on 7 kinds of agricultural products such as wheat and 3 kinds of chemical fertilizers such as urea, and implement a temporary quota tax rate of 1% on 3 kinds of chemical fertilizers such as urea. The sliding rate tax will be applied to a certain amount of cotton imported beyond the tariff quota, and the tax rate will remain unchanged. Specific tax or compound tax will continue to be applied to 55 kinds of products such as frozen chicken, of which a small amount has been appropriately adjusted commodity The specific tax amount of.

In order to meet the needs of economic and social development, promote economic restructuring, strengthen energy conservation, emission reduction and ecological environment protection, China will implement a lower annual temporary import tax rate for more than 600 kinds of resource-based, basic raw materials and key parts and components in 2011. Among them, the first implementation of the provisional annual import tax rate includes propane, butane and other resource commodities, fatty acids, polyimide films, titanium tape and other basic raw materials, high-definition cameras, polarizing plates for liquid crystal projectors, electronic parking brake systems and other key components. According to the changes in domestic production capacity, technical level and supply and demand relationship, the provisional annual import tax rate of carbon fiber yarn, ion exchange membrane, car supercharger and other commodities has been increased or cancelled. In 2011, China continued to levy export tariffs on coal, crude oil, fertilizer, non-ferrous metals and other "two high and one capital" products in the form of temporary tax rates. In order to regulate the export of rare earth and ease the rising trend of fertilizer prices, the export tariffs of individual rare earth products have been increased, and the application period of the seasonal tariff in the off peak season and the benchmark price of export tariff in the off peak season have been appropriately adjusted.

To expand bilateral and multilateral economy and trade Cooperation. In 2011, China will implement the agreed tariff rate lower than the MFN tariff rate for some imported products originating from ASEAN countries, Chile, Pakistan, New Zealand, Peru, South Korea, India, Sri Lanka, Bangladesh and other countries in accordance with the free trade agreement or tariff preference agreement signed with relevant countries or regions. Under the framework of closer economic and trade relationship arrangements between the Mainland, Hong Kong and Macao, zero tariff will be applied to products originating in Hong Kong and Macao and for which preferential standards for origin have been formulated. According to the early harvest plan of goods trade under the Cross Strait Economic Cooperation Framework Agreement, since 2011, more than 500 early harvest commodities originating in Taiwan have been subject to the agreed tax rate. At the same time, preferential tax rates will continue to be applied to some products originating in 41 least developed countries, including Laos, Sudan and Yemen.

In order to adapt to scientific and technological progress, industrial restructuring and changes in the structure of foreign trade, and strengthen import and export management, on the premise of complying with the relevant classification principles of the World Customs Organization, some tax items in the import and export tariff have been adjusted, including chrome zirconium copper materials, grating measuring devices, tin dioxide, aluminum plastic composite plates, grain seeders and other tax items. After adjustment, China's total import and export tax items in 2011 will increase from 7923 in 2010 to 7977.