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 China to adjust tariffs on some commodities from January 1

China to adjust tariffs on some commodities from January 1

2021-12-28

来源:Shanghai Securities News

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Approved by the State Council, the Customs Tariff Commission of the State Council issued a notice a few days ago that import and export tariffs of certain commodities will be adjusted in 2022.

Starting from January 1, 2022, China will implement temporary import tariffs lower than the most-favored-nation tariffs on 954 commodities. Among the categories listed are “raw materials required by the processing, daily chemical, and leather manufacturing industries.”

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