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Import And Export Tariffs Will Be Adjusted Again Next Year.

2008/12/18 0:00:00 80

Reporters yesterday learned from the Ministry of finance that since January 1, 2009, China will further adjust tariff regulations on imports and exports, mainly involving MFN rates and annual provisional terms.

tax rate

Agreement

tax rate

In order to promote stable growth and structural optimization of import and export trade, preferential tariff rates and tariff items.

In response to international

financial crisis

The impact on China's economy and foreign trade, effective implementation of the proactive fiscal policy and tariff as an important lever to regulate the economy will further strengthen its maintenance.

foreign trade

We should stabilize growth, optimize the structure of import and export commodities, promote the pformation of economic development mode, adjust the industrial structure and expand domestic demand.

The Ministry of Finance pointed out that China will further reduce import tariffs on 5 items of fresh strawberries and other commodities since January 1, 2009, in accordance with the WTO's tax reduction commitments.

Because of the range and tax of tax reduction involved.

Rate drop

The overall tariff level in 2009 is the same as that in 2008, but it is still 9.8%.

Among them, the average tax rate of agricultural products is still 15.2%, and the average tax rate of industrial products is still 8.9%.

After the tax reduction, China has basically fulfilled its tax reduction commitments to join the WTO, with the exception of the 5 kinds of fresh strawberries and 1 other commodities. The total tariff level has dropped from 15.3% to 9.8% at the time of accession to WTO.

On the basis of a series of free trade agreements and preferential tariff agreements signed with the countries and regions in 2009, China will further implement the preferential tariff rates and preferential tariff rates which are more favorable than the most favored nation tax rates, and promote trade cooperation with the countries and regions concerned so as to achieve mutual benefit and common development.

The tariff adjustment is mainly reflected in supporting the development of agriculture and rural economy, promoting agricultural production and increasing farmers' income; supporting the development of high and new technology, encouraging enterprises to innovate independently, promoting the upgrading of the industrial structure, promoting the revitalization of the domestic equipment manufacturing industry, promoting the conservation of energy resources, protecting the environment, encouraging the use of renewable resources, promoting the sustainable development of the economy, and easing the operational difficulties faced by textile, steel and fertilizer industries.

According to the Ministry of finance, in accordance with the World Customs Organization's "commodity name and coding coordination system" principle, the tax items in the import and export tariff regulations in 2009 have been appropriately increased or reduced. The added tax items include xylitol, shortening and footwear exports increasing year by year, products that need to strengthen import and export management, bamboo products and other products supporting the development of agriculture and rural economy, such as cytosine and other anti HIV drugs that are conducive to the development of public health, protecting human health, as well as new technologies such as soldering tin, monocrystalline silicon rods, and environmental protection products.

In addition, the tax items of individual products were also deleted.

After adjustment, the total number of import and export tariff items increased from 7758 in 2009 to 7868 in China in 2009.

Editor: vivi