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New Changes in Export & Import Duties 2009

[2009-02-16 10:07:06]

According to the commitment we made in WTO entry, China will further reduce import tariffs on five kinds of products such as strawberry from January 1, 2009. For the scope of concerned products for tax reduction and the decreasing range of tax rate is quite small, it has little influence on general level of duties. The general level of duty in 2009 is still 9.8% and the same as that in 2008, among which the average tax rate of agricultural products is still 15.2%, and the average tax rate of industrial products is still 8.9%. After this tax reduction, our country has basically fulfilled the commitment on tax reduction while entering the WTO, with the general level of duty dropped from 15.3% while entering the WTO to 9.8% at present.

One can enquiry more information on the network of Ministry of Finance PRC (http://www.mof.gov.cn) or China Customs (http://www.customs.gov.cn). The new Tariff had been edited by China Customs in the book "Customs Import and Export Tariff of the People's Republic of China". One can buy the book or search for the new tariff changes and tariff calculation on-line: http://www.e-to-china.com/wizards/tariff.php.

In 2009, the basic principles for duty adjustment are as follows: with the spirit of 17th National Congress of the CPC and The Third Plenary Session of the 17th Central Committee of the Communist Party as guidance, to deeply carry out scientific development view, adhere to domestic demand enlargement and flexible and prudent macroeconomic policy, give full play to duty regulation and control lever effect under the positive financial policy framework, promote stable and rapid economic development, accelerate stable increase of foreign trade and optimization of structure of imports and exports, and impel economic development mode transition and industrial structure adjustment.

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