Notice Of The State Council On The Adjustment Of Import Provisional Tariff Rates In 2020

Notice of the Customs Tariff Commission of the State Council on the adjustment of import provisional tariff rates in 2020

Tax Committee [2019] 50

Customs head office:

In order to optimize the trade structure and promote the high quality development of the economy, according to the relevant regulations 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, and the adjustment plan of the provisional tariff rate in 2020 is now printed to you. The details are listed in the annex.

Annex: import tariff adjustment scheme in 2020

Customs Tariff Commission of the State Council

December 18, 2019

1. Adjust the import tariff rate.

(1) the most favoured nation 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 items of information technology products has been abolished (see Table 1).

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

(two) tariff quota tax 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 a certain quantity of cotton imported from the quota (see Schedule 3).

(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 tax rate of the relevant agreements has been further reduced (see Schedule 5).

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 of ferrochrome and other commodities. Export tax rates or export provisional rates are applied, and commodity ranges and tax rates remain unchanged (see Table 4).

Three. Implementation time

The above plan, unless otherwise specified, shall be implemented from January 1, 2020.

Schedule 1. provisional tariff table for imported commodities.Pdf

Schedule 2. part of the most favored nation tariff table of information technology products.Pdf

Schedule 3. tariff rate quota tariff table.Pdf

Schedule 4. export commodities tariff table.Pdf

Schedule 5. tariff rate table for imported goods further reduced by schedule.Pdf