China implements tariff cut on first batch of imports in 2020

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CCTV+BATIE GHAR 巴铁之家:Urumqi, Xinjiang:Customs in China has begun to earnestly implement the lowered or canceled tariff rate since Jan 1, 2020, in a bid to promote high-quality and efficient trade.

From Jan. 1 this year, China has implemented a tentative import tariff rate for more than 850 commodities below the Most Favored Nation (MFN) tariff rate. The number of commodities has increased by more than 20 percent compared to 2019.

On the first day of the new year, customs officers at Urumqi Diwopu International Airport in northwest China’s Xinjiang Uygur Autonomous Region were clearing a shipment of aircraft materials worth over 13,000 U.S. dollars.

“These are aircraft materials. The original tariff rate was 8 percent and the current tariff rate is 4 percent,” said Yu Kewei, chief of general service section of Urumqi Diwopu International Airport Customs.

On Jan. 2, the Beilun seaport in Ningbo City, east China’s Zhejiang province, was clearing the first shipment of imported goods after the tariff cut, which are non-frozen orange juice worth around 28,000 euros from Italy.

The first shipment after the tariff cut cleared at Beijing Capital International Airport was fresh food.

“These are black crabs from Pakistan, a total of 125 kilograms. We are opening the packages and checking them to ensure the food safety,” said Chen Yiliang, a principal staff member at Beijing Capital International Airport Customs.

Many of the commodities subject to tariff cut or waive are closely related to people’s daily lives.

For example, the import tariff on frozen pork has been reduced from 12 to 8 percent, pecans from 24 to 7 percent and avocado from 30 to 7 percent. The alkaloid drugs used to treat asthma and the raw materials for the production of new diabetes treatment drugs are subject to zero tariffs.

“The tariff rate of the fresh products basically decreases by one to seven percent. For some goods with large import volume, including the raw materials of anti-cancer drug, zero tariffs have been achieved. For nut products which see a large reduction in the tariff rate, the highest decrease can reach 17 percent,” said Cheng Likun, chief of declaration section under clearance department of Beijing Capital International Airport Customs.

Starting from July 1, 2020, China will implement the fifth MFN tariff concession on 176 information technology products and accordingly adjust the provisional import tariff rates of some information technology products.

The tariff adjustments will help reduce import costs, advance opening up to a higher level and allow other countries and regions to share in China’s development.

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