China Has Adjusted Import And Export Tariffs Since January 2015.

A few days ago, the Ministry of Finance announced that China's import and export tariffs will be partially adjusted since January 1, 2015.

In 2015, a certain amount of cotton was imported into the import tariff quota.

In 2015, in accordance with the free trade agreement or tariff preferential agreement signed by our country and the countries concerned or regions, we continued to implement some import products originating in ASEAN countries, Chile, Pakistan, New Zealand, Peru, Costa Rica, Korea, India, Sri Lanka, Bangladesh, Switzerland and Iceland.

Part of the tax rate is further reduced.

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Under the framework of the Macao closer economic partnership arrangement, zero tariff is imposed on products originating in Hong Kong and Macao, where preferential origin standards have been formulated.

According to the framework agreement on economic cooperation across the Straits, zero tariffs will be imposed on some products originating in Taiwan.

Preferential tax rates were applied to some commodities originating in 41 countries such as Ethiopia, Yemen and Sultan. Among them, 97% tariff items in 24 countries such as Ethiopia were subject to zero tariff preferential tariff rates.

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European retail clothing brands call for the abolition of import tariffs on garments and adopt more flexible rules of origin as part of negotiations between the EU and Vietnam in the ongoing free trade agreement (FTA).

Representing nearly 60 major brands, including Inditex, H&M, Levi Strauss, Gap Inc, Nike and VF, the European brand clothing alliance (European Branded Clothing Alliance), before the official visit to Vietnam by the chairman of the EU executive committee at the end of August (2014), submitted the request in August 13th to Chairman Mao.

Prior to this, Catherine Ashton, the high representative of the EU's foreign policy and security policy, said in a visit to Vietnam on a day long that the consultations between the EU and Vietnam FTA have made good progress and said that "to achieve the signing of FTA by the end of this year, we still need to accelerate the negotiation process".

The diplomatic official said that President Barroso visited Vietnam in August 26th and 27th, which will be an important opportunity to inject new impetus into the FTA negotiations.

EBCA president and Spanish retailer Cortefiel group executive director Ignacio Sierra Armas said Europe Vietnam FTA is a priority for our company.

"EBCA members come from different countries and have complex global value chains spanning many countries including Vietnam. Therefore, we support a global trading policy environment that simplifies the operation of our supply chain."

It involves operations in production, procurement, quality control, pportation and retailing. We warmly welcome the intention of the UEFA free trade agreement to cancel each other's import duties. The best case is that the euro FTA agreement will completely and immediately cancel the duty on imported garments, without a pitional period.

"At the same time, in order to benefit from the new preferential tariff, our member enterprises also require that the rules for the origin of EU garments be more flexible so as to reflect the value chain of our global operation."

Since Vietnam has limited supply to international brands, it will seriously limit our enjoyment of tax reduction if we maintain the existing standard of plateau origin.

"Therefore, in order to take account of the current situation of the global supply chain and the Vietnamese industry, we urge EU Vietnam FTA to adopt the" single pformation "plateau production regulations - allowing the use of any fabric purchased in any part of the world to make garments for Vietnam, that is, to comply with the zero tariff preferences of the plateau area." finally, we believe that textiles and garments should no longer be classified as sensitive products by the European Union. "

EBCA also hopes that euro FTA can solve the complex and tedious testing items and quality testing of European retailers in Vietnam.

The letter also pointed out that euro FTA is important for the textile, clothing and footwear industry, because the implementation of the FTA will open up the European market with great potential for development.

In addition, Vietnam's apparel exports to Europe account for 15-16% of Vietnam's total exports, which will provide significant potential benefits for Vietnam.