After review by the Customs Tariff Commission of the State Council and reported to the State Council for approval, since January 1, 2011, China's import and export tariffs will be partially adjusted.

 

China’s accession to the World Trade Organization’s tax reduction commitments was fully fulfilled in 2010, and the MFN tariff rate remained unchanged in 2011. We will continue to implement tariff quota management for three kinds of agricultural products such as wheat and seven kinds of chemical fertilizers, and implement a 1% provisional quota rate for three kinds of fertilizers such as urea. The tariff is subject to an additional import of a certain amount of cotton, and the tax rate remains unchanged. Continue to implement specific or compound tax on 55 kinds of products such as frozen chicken, and appropriately adjust the specific tax amount of a small amount of commodities.

 

In order to meet the needs of economic and social development, promote economic restructuring, and strengthen energy conservation and emission reduction and ecological environmental protection, in 2011 China will implement a lower annual import provisional tax rate for more than 600 resources, basic raw materials and key component products. Among them, the first implementation of the annual import provisional tax rate includes resource products such as propane and butane, basic raw materials such as fatty acid, polyimide film, and titanium tape, high-definition camera, polarizer for liquid crystal projector, and electronic parking brake. Key components such as the system. According to the changes in domestic production capacity, technical level, and supply and demand, the annual import provisional tax rate for carbon fiber yarns, ion exchange membranes, and superchargers for cars is increased or eliminated. In 2011, China continued to impose export tariffs on “two high and one capital” products such as coal, crude oil, chemical fertilizers and non-ferrous metals in the form of provisional tax rates. In order to regulate the export of rare earths and alleviate the rising trend of chemical fertilizer prices, the export tariffs of individual rare earth products have been raised, and the applicable period of the tariff season of the fertilizer export season and the export tariff basis of the off-season have been appropriately adjusted.

 

In order to expand bilateral and multilateral economic and trade cooperation, in 2011, China will be based on free trade agreements or preferential tariff agreements with relevant countries or regions, and will be native to ASEAN countries, Chile, Pakistan, New Zealand, Peru, South Korea, India, Sri Lanka, Bangladesh. Some imported products of other countries implement an agreed tax rate lower than the MFN tariff rate. Under the framework of the Closer Economic Partnership Arrangement between the Mainland and Hong Kong and Macao, zero tariffs will be imposed on products originating in Hong Kong and Macao and having established preferential standards of origin. According to the Cross-Strait Economic Cooperation Framework Agreement, the early harvesting plan for goods trade, in 2011, the implementation of the agreed tax rate on more than 500 early harvested goods originating in Taiwan. At the same time, preferential tax rates for some products originating in 41 least developed countries such as Laos, Sudan and Yemen continue to be implemented.

 

In order to adapt to scientific and technological progress, industrial restructuring and changes in foreign trade structure, and strengthen import and export management, under the premise of complying with the relevant principles of the World Customs Organization, some of the tax items in the import and export tariffs have been adjusted to include chromium zirconium and copper. Materials, grating measuring devices, tin dioxide, aluminum-plastic composite panels, grain seeders and other tax items. After the adjustment, the total number of import and export tax items in China in 2011 will increase from 7,923 in 2010 to 7,797