Some Import And Export Tariffs Will Be Adjusted Next Year.

　　 Treasury Department 14 news release, China will adjust part of it from January 1, 2011. Export duties The tax rate will increase from 7923 in 2010 to 7977 in 2011. The Ministry of Finance said that compared with previous years, this year's adjustment efforts were not great, but under the background of accelerating the transformation of the mode of economic development, the intention of regulation and control became more prominent.

The MFN tax rate will remain unchanged next year, and the tax reduction commitments of China's accession to the world trade organization will be fully implemented in 2010. The Ministry of Finance said that MFN rates in China will remain unchanged in 2011.

On this basis, next year will continue to implement tariff quota management for 3 kinds of fertilizers, such as wheat, 7 kinds of agricultural products and urea, and 1% provisional quota tax rates for 3 kinds of fertilizers such as urea. A certain amount of cotton will be applied to the import tariff quota, and the rate will remain unchanged. We will continue to implement quantity tax or compound tax on 55 kinds of products, such as frozen chicken, and appropriately adjust the amount tax from a small quantity of merchandise.

The Ministry of Finance said that in 2011, China will implement a lower annual import tariff rate for more than 600 kinds of resources, basic raw materials and key parts and components. Among them, the first implementation of the annual import provisional tax rate includes propane, butane and other resource-based commodities, fatty acid, polyimide film, titanium strip and other basic raw material products, high-definition cameras, LCD projector polarizer, electronic parking brake system and other key components.

According to the changes in domestic production capacity, technology level and supply and demand, China will also increase or cancel the annual import tariff rate of carbon fiber yarns, ion exchange membrane and car supercharger.

In addition, in 2011, China will continue to levy export tariffs on products such as coal, crude oil, chemical fertilizer and non-ferrous metals in the form of provisional tax rates. In order to regulate the export of rare earth and alleviate the rising trend of fertilizer prices, China has also increased the export tariffs of individual rare earth products, and has appropriately adjusted the applicable period and the off-season export tariff base price for the season of chemical fertilizer export season, so as to guarantee the demand for chemical fertilizers in spring in the coming year.