China adjusts tariff in 2022

On December 15, the Tariff Commission of the State Council issued the tariff adjustment plan for 2022, which will be implemented from January 1, 2022. The provisional import tax rate will be implemented for 954 commodities (excluding tariff quota commodities); the provisional import tax rate for products expanded by 7 information technology agreements will be cancelled as of July 1, 2022. Continue to implement tariff quota management on wheat, corn, rice, rice, sugar, wool, wool top, cotton, chemical fertilizer and other eight categories of commodities, and the tax rate will remain unchanged. Among them, the quota tax rate of urea,Read More →

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