Interpretation Of Tariff Adjustment Plan In 2021

With the approval of the State Council, the tariff adjustment plan of 2021 (hereinafter referred to as the "plan") will be implemented from January 1, 2021. With the theme of promoting high-quality development as the theme, the 2021 tariff adjustment plan supports the domestic and international dual circulation, and promotes the innovative development, optimization and upgrading of the real economy. The plan has adjusted the import tariff and tariff items of some commodities. The adjustment is as follows:

1、 Import tariff rate

(1) MFN tax rate.

1. Provisional import tax rate.

From January 1, 2021, the provisional import tariff rate will be implemented for 883 commodities (excluding tariff quota commodities). Since July 1, 2021, 874 items of goods with provisional tariff rate will be implemented, and 9 items of information technology products will be cancelled.

First, we will support import substitution and raise import tariffs on some commodities. In order to support the equipment manufacturing industry to improve the level of autonomy, the provisional import tax rates of air-jet looms and glass capillary tubes of Guangtong credit Co., Ltd. were increased or cancelled. In order to support the rapid development of domestic basic industries, the provisional import tax rates of sapphire substrate, tire and other commodities were increased or canceled. The temporary import tax rates of products with anti-dumping and countervailing measures such as n-propanol were cancelled.

The second is to reduce the import tariff on the urgently needed high-tech equipment and parts, domestic resources in short supply and some high-quality raw materials. If the tariff of aviation parts is reduced, the tax rate will be reduced from 3% to 20% to 1%. Among them, the tax rate of transmission shaft for aircraft engine will be reduced from 6% to 1%. According to the enterprise, it is estimated that the import cost of enterprises will be reduced by 1.7 million yuan every year, which will help to improve the technology development level of China's aviation industry and promote international technical cooperation. If the tariffs on food, raw materials of some anti-cancer drugs and rare diseases drugs, artificial heart valves, glass tubes, anhydrous lactose and dairy processing equipment and parts needed for the production of new coronapneumonia vaccine bottles are reduced, the economic burden of patients will be further reduced and the quality of life of the people will be improved.

Third, we will increase support for ecological and environmental protection and adjust import tariffs on some commodities. Six items of temporary tax on metal waste and scrap were cancelled, the scope of application of temporary tax on two commodities was narrowed, and the provisional import tax rate of reconstituted tobacco was cancelled. At the same time, reducing the tariffs on some environmental products, such as diesel engine exhaust filter and purification device, exhaust gas recirculation valve and fermentation broth used for polyamide production, and continuing to reduce the provisional import tax rate of some wood and paper products, will help to improve air quality and protect the ecological environment.

2. MFN tax rate of information technology products.

According to the agreement on tax reduction of information technology products, the sixth step of tax reduction will be implemented for 176 IT products from July 1, 2021, of which 119 commodities will be reduced to zero.

(2) tariff rate of tariff quota.

We will continue to implement tariff quota administration on eight categories of commodities, such as wheat, and reduce the provisional tariff rate of cotton outside the quota. Based on the average price of mainstream cotton imports, the sliding standard tax rate will be reduced from 13.7% to about 10.7%.

(3) negotiated tax rates.

According to the free trade agreements or preferential trade arrangements signed between China and relevant countries or regions, China will implement the agreement tax rate on 16 agreements and 27 countries or regions in 2021. Among them, since January 1, 2021, China's bilateral trade agreements with New Zealand, Peru, Costa Rica, Switzerland, Iceland and the Asia Pacific Trade Agreement have further reduced the tariff rate. Among them, some imported goods originating in Mongolia shall be subject to the Asia Pacific trade agreement tariff rate from January 1, 2021, and comply with the rules of origin of the Asia Pacific Trade Agreement (notice of the General Administration of Customs [2018] No. 69). From July 1, 2021, according to the bilateral trade agreement between China and Switzerland and the Asia Pacific Trade Agreement, the tariff rate of relevant agreements will be further reduced. At the same time, the FTA between China and Mauritius will enter into force on January 1, 2021. When the MFN tax rate is lower than or equal to the agreement tax rate, the provisions of the relevant agreement shall be followed if there are provisions in the agreement; if there are no provisions in the agreement, the two shall apply from the lower.

(4) preferential tax rate.

In 2021, preferential tax rates will continue to be applied to other least developed countries that have established diplomatic relations with China and have completed the exchange of documents procedures. The scope of application of commodities and tax rates will remain unchanged.

2、 Export tariff rate

Since January 1, 2021, export tariffs will be imposed on 107 items of commodities, such as ferrochrome, and the export tax rate or provisional export tax rate will be applicable, and the scope and tax rate of goods to be levied will remain unchanged.

3、 Tariff items

In order to adapt to the needs of industrial development and scientific and technological progress, facilitate trade management and statistics, and standardize the implementation of the "commodity name and coding coordination system". First, add commodity tax items such as Atlantic salmon, sugar cane sugar or beet sugar syrup, black tea, gene sequencer; second, split plug-in hybrid electric vehicle, stainless steel flat rolling material, light-emitting diode tube and bulb tax The third is to revise the name of cream, turnip, papaya, filter and so on. The fourth is to adjust the position of silver pomfret, larch, Douglas pine and skateboard. After the adjustment, the tax rules in 2021 include 8580 eight tax items. Among them, 58 items were added, 27 items were deleted and 44 items were revised.

Provisional tariff table of import and export in 2021.xls