Reporter on the 15th from the Ministry of Finance was informed that the the Customs Tariff Commission of the State Council for consideration and report to State Council for approval, since January 1, 2010 onwards, China will further adjust the import and export customs tariffs, mainly related to the MFN rate, annual provisional tax, the agreement rate , preferential tax rates and tariff lines and so on.

    It is understood that in 2010 China will continue to meet to join the World Trade Organization tariff reduction commitments to reduce fresh strawberries, import tariffs on six kinds of products. Continue to wheat, corn, rice and rice, sugar, wool, wool tops, cotton and other seven kinds of agricultural products and urea, compound fertilizer, diammonium phosphate fertilizer such as three kinds of implementation of tariff quota management, a certain number of tariff-quota imports of cotton continues to implementation of the sliding tax, the tax rate will remain unchanged, for urea, compound fertilizer, diammonium phosphate continue to implement the 1% of the provisional quota rates. Continue to implement the frozen chicken and other 55 kinds of products from the amount of tax or composite tax rate will remain unchanged.

    After adjustment of China's general tariff level is still 9.8%. In which the average tax rate is 15.2% of agricultural products, industrial products, the average tax rate of 8.9%. So far, China's accession to the World Trade Organization have all fulfilled the tariff reduction commitments.

    To promote economic restructuring, promoting energy and resource conservation and eco-environmental protection, and to adapt to economic and social development needs in 2010 will be more than 600 kinds of products in China's annual imports of the provisional implementation of a lower tax rate, mainly including coal, granite, phosphate rock , lapis lazuli and other resource products.

    At the same time, in 2010 the implementation of natural rubber will continue to choose tax, and the appropriate tax rate shall be reduced from the amount of tax standards; continue to be the way provisional tax on oil, rare earth, wood pulp, steel billet products such as imposition of export tariffs; continue to urea , ammonium fertilizer such as imposition of export tariffs and in domestic fertilizer to apply different tax rates low and peak seasons.

    Order to expand bilateral and multilateral economic and trade cooperation, China will by 2010, based on China - ASEAN, China - Chile, China - New Zealand Free Trade Agreement as well as the "Asia-Pacific Trade Agreement," originating from the ten ASEAN countries, Chile, Pakistan, New Zealand, South Korea countries such as the implementation of some of the imported goods more favorable than the MFN rate agreement rate. In the Mainland and Hong Kong and Macao Closer Economic Partnership Arrangement under the framework of pairs originating from Hong Kong and Macao and has developed standards for preferential origin of goods to the implementation of zero tariff. At the same time, China will continue originating in Laos, Ethiopia, 41 least developed countries, the implementation of preferential tariffs for certain commodities.

    In addition, in compliance with the World Customs Organization on the column heading under the premise of the principle of the import and export tariff in the part of the tariff lines have been adjusted by the addition of sulfuric acid hydroxylamine, recombinant human insulin, food-grade glacial acetic acid, quick-setting magnetic films and so on tariff lines. After adjustment of China's total tariff lines by 2010, imports and exports in 2009 to 7923 in 7868. (Securities Times)