China'S Import And Export Tariffs Will Be Partially Adjusted Next Year.

Learned from the Ministry of finance, by the State Council tariff The Tax Committee has deliberated and submitted to the State Council for approval since January 1, 2012. Import and export duties Some adjustments will be made.

In 2012, we continued to implement tariff quota management on the import of 3 kinds of fertilizers, such as wheat and other 7 kinds of agricultural products, including [12.29 -2.85% share, research report] and urea, and implemented a provisional quota tax rate of 1% for 3 kinds of fertilizers such as urea. We will continue to apply the sliding tax to certain quantities of cotton imported from the tariff quota, and appropriately adjust the formula of sliding tax. The effect is import. Price The higher the tax rate, the lower the applicable tax rate. We will continue to implement volume tax or compound tax on 52 products such as frozen chicken.

In 2012, China will impose a lower import provisional tax rate for more than 730 commodities, with an average tax rate of 4.4%. Most favored nation tax rate Less than 50%. These commodities are mainly divided into five main categories, one is energy and resource products, including coal, coke, refined oil, marble, granite, natural rubber, rare earth, copper, aluminum, nickel and so on. Two is the key equipment and components needed to develop new strategic industries such as high-end equipment [5124.93 -3.15%] manufacturing, new generation information technology and new energy vehicles. Three, agricultural means of production, including large horsepower tractors, large harvesters, dairy processing machines, species whales, pesticide raw materials, fertilizers, animal feed, etc. four are commodities for promoting consumption and improving people's livelihood; five are products related to public health.

In 2012, China continued to implement the agreement tax rate on some imported products originating in ASEAN countries, Chile, Pakistan, New Zealand, Peru, Costa Rica, Korea, India, Sri Lanka, Bangladesh and other countries. The scope of products will further expand and the tax rate will further decrease. Under the framework of the Closer Economic Partnership Arrangement between the mainland and Hongkong and Macao, zero tariff is imposed on products originating in Hong Kong and Macao and having preferential standard of origin. According to the framework agreement on economic cooperation between the two sides of the Straits, the agreement tariff rate including zero tariff should be applied to some products originating in Taiwan. We will continue to apply preferential tax rates to some of the 40 least developed countries originating in Laos, Sultan and Yemen.

In 2012, China continued to levy export tariffs on "two high one capital" products such as coal, crude oil, chemical fertilizer and ferroalloy in the form of provisional tax rates.

In 2012, the import and export tariff items were revised according to the uniform regulations of the world customs organization. At the same time, in order to meet the needs of economic and social development, scientific and technological progress, strengthening the management of import and export and coping with international trade disputes, tax items such as flexographic printing, stacking and reclaiming machinery, stent and wireless headphones were added. After adjustment, the total number of import and export taxes in 2012 will increase from 7977 in 2011 to 8194.