The Customs Tariff Commission Of The State Council Promulgated The Provisional Tariff Plan For Import In 2020.

On December 24th, the Customs Tariff Commission of the State Council pointed out that in order to optimize the trade structure and promote the high quality development of the economy, according to the relevant provisions of the regulations on import and export duties of the People's Republic of China, the import tariff of some commodities has been adjusted since January 1, 2020. At the same time, the provisional tariff rate of imports should be adjusted.

　　 Import tariff adjustment plan in 2020

　　 1. Adjust the import tariff rate.

(1) MFN tax rate

1. since January 1, 2020, the provisional tariff rate for imports of 859 commodities (excluding tariff quota commodities) has been implemented. Since July 1, 2020, the provisional tariff rate for the import of 7 information technology products has been abolished.

2. the most favored nation rate of information technology products listed in the schedule of the People's Republic of China accession to the tariff reduction schedule of the World Trade Organization has been reduced by fifth steps since July 1, 2020.

(two) tariff quota rate

Tariff quota management will continue to be applied to 8 categories of wheat and other products, and the tax rate will remain unchanged. Among them, the quota rate of 3 fertilizers, urea, compound fertilizer and ammonium hydrogen phosphate, will continue to be subject to a provisional tax rate of 1%. We will continue to apply a sliding tax to certain quantities of cotton imported from the quota.

(three) agreement rates and preferential tax rates

1. according to China's trade agreements or preferential tariff arrangements signed with relevant countries or regions, since January 1, 2020, the agreement rate of bilateral trade agreements between China and New Zealand, Peru, Costa Rica, Switzerland, Iceland, Singapore, Australia, Leah, South Korea, Chile, Georgia, Pakistan and the Asia Pacific Trade agreement has been further reduced. Since July 1, 2020, according to the bilateral trade agreement between China and Switzerland and the Asia-Pacific Trade Agreement, the relevant agreement tax rate has been further reduced.

When the most favored nation tax rate is lower than or equal to the agreement tax rate, the agreement stipulates that it shall be implemented according to the relevant agreement; if the agreement does not stipulate, the two party shall be applied from a low level.

2. in addition to Equatorial Guinea, the other least developed countries that have established diplomatic relations with me and complete the exchange procedures continue to apply preferential tax rates. Since January 1, 2020, Equatorial Guinea has stopped enjoying zero tariff preferential treatment.

　　 Two, export tariff rate

Since January 1, 2020, export tariffs have been levied on 107 items such as ferrochrome, and export tax rates or export provisional rates have been applied, and commodity ranges and tax rates remain unchanged.

　　 Three. Implementation time

The above plan, unless otherwise specified, shall be implemented from January 1, 2020. You can check the relevant tax rates in the Ministry of finance of People's Republic of China.

The relevant media learned that in addition to adjusting the provisional tariff rate, the State Council Tariff Commission also pointed out that the import tariff of some commodities should be adjusted from January 1, 2020.