Ministry Of Finance: In 2010, China Will Further Adjust Tariff Rates For Import And Export Duties.

In order to further implement the strategy, we should promote the sound and rapid development of the economy and society. tariff The positive role of regulation in promoting development, restructuring, deepening reform and improving people's livelihood is considered by the Customs Tariff Commission of the State Council and submitted to the State Council for approval. Since January 1, 2010, China will further adjust import and export tariff regulations, mainly involving MFN. tax rate Annual provisional tax rate, agreement tax rate, preferential tariff rate and tariff items.

In 2010, China will continue to fulfill its WTO tariff reduction commitments and reduce the import tariffs of 6 kinds of fresh strawberries. We will continue to implement tariff quota management for 7 kinds of agricultural products such as wheat, corn, rice and rice, sugar, wool, wool and cotton, and 3 kinds of fertilizers such as urea, compound fertilizer and diammonium hydrogen phosphate. We will continue to implement a sliding tax on certain quantities of cotton imported from the tariff quota, and the rate will remain unchanged. The provisional quota tax rate for urea, compound fertilizer and diammonium hydrogen phosphate will continue to be 1%. We will continue to implement the volume tax or compound tax on 55 products such as frozen chicken, and the tax rate will remain unchanged. After adjustment, the total tariff level in China is 9.8%. among Agriculture products The average tax rate is 15.2%, and the average industrial tax rate is 8.9%. So far, China's accession to the world trade organization's tax reduction commitments have been fully fulfilled.

In order to promote economic restructuring, promote energy conservation and ecological environment protection and meet the needs of economic and social development, China will implement a low annual import tariff rate for more than 600 kinds of products in 2010, including coal, granite, phosphate rock, lapis lazuli and other resource products, basic raw materials or key components such as naphtha, vinyl chloride, polycarbonate, optical communication credit, low light level components, infrared public thermometers, human vaccines, plasma and other public health products, performer, household water purifier, household dishwasher and other consumer goods, as well as high-powered engines, tea pickers, liquid nitrogen finishing machines and other advanced production equipment. In 2010, we will continue to implement the selective tax on natural rubber, and appropriately reduce the tax standard from the measured amount. We will continue to levy export duties on products such as oil, rare earth, wood pulp and billets, and continue to levy export duties on fertilizers such as urea and ammonium phosphate, and apply different tax rates in the light and high season of the country.

In order to expand bilateral and multilateral economic and trade cooperation, in 2010, China will implement a preferential tariff rate for most of the imported commodities originating in ten ASEAN countries, Chile, New Zealand, South Korea, China, New Zealand, South Korea, Bangladesh and other countries, based on China ASEAN, China Chile, China, China, New Zealand and other free-trade agreements and the Asia Pacific Trade Agreement. Under the framework of the Closer Economic Partnership Arrangement between Mainland and China, zero tariff is imposed on goods originating in Hong Kong and Macao and having preferential standard of origin. At the same time, China will continue to apply preferential tax rates to some of the 41 least developed countries originating in Laos and Portugal.

In order to adapt to the needs of scientific and technological progress, industrial structure adjustment, trade structure optimization and import and export management, some tax items in import and export tariff have been adjusted in accordance with the relevant principles of the world customs organization. Additional tax items such as hydroxylamine sulfate, recombinant human pancreatic islet, food grade glacial acetic acid and quick setting permanent magnetic sheet have been added. After adjustment, the total number of import and export taxes in 2010 will increase from 7868 in 2009 to 7923.