The “Notice of the Customs Tariff Commission of the State Council on the Tariff Adjustment Plan for 2022.”

On December 15, the Customs Tariff Commission of the State Council issued the “Notice of the Customs Tariff Commission of the State Council on the Tariff Adjustment Plan for 2022.”

Starting from January 1, 2022, my country will impose temporary import tariff rates on 954 items that are lower than the most-favored-nation tariff rate. Starting from January 1, 2022, in accordance with domestic industrial development and changes in supply and demand, within the scope of my country’s commitment to join the World Trade Organization, import and export tariffs on certain commodities will be increased. Among them, the temporary import tariff rate for some amino acids, lead-acid battery parts, gelatin, pork, m-cresol, etc. will be cancelled, and the most-favored-nation tax rate will be restored; in order to promote the transformation and upgrading and high-quality development of related industries, the export tariffs of phosphorus and blister copper will be increased.

According to the free trade agreements and preferential trade arrangements signed between my country and relevant countries or regions, in 2022, treaty tax rates will be implemented on some commodities originating in 29 countries or regions. Among them, China and New Zealand, Peru, Costa Rica, Switzerland, Iceland, South Korea, Australia, Pakistan, Georgia, Mauritius and other bilateral free trade agreements and Asia-Pacific trade agreements will further reduce taxes; “Regional Comprehensive Economic Partnership Agreement” (RCEP), China -The Cambodia Free Trade Agreement will come into effect on January 1, 2022 and implement tax reductions.

In accordance with the contents of the “Harmonized Commodity Names and Coding System” revised by the World Customs Organization and relevant rules of the World Trade Organization, technical conversion of tariff items and tax rates will be carried out in 2022. At the same time, in order to meet the needs of industrial development and facilitate trade supervision, some tax rules and tax items will also be adjusted. After the adjustment, the total number of tariff items is 8,930.