New trends in import tariffs on products in China's leather industry in 2022
- Time of issue:2022-02-24 15:28
- Views:
New trends in import tariffs on products in China's leather industry in 2022
(Summary description)The 2022 Customs Import and Export Tariff of the People's Republic of China has come into effect on January 1. Among them, the import tariff of leather industry products presents the following new changes and new features.
- Time of issue:2022-02-24 15:28
- Views:
The 2022 Customs Import and Export Tariff of the People's Republic of China has come into effect on January 1. Among them, the import tariff of leather industry products presents the following new changes and new features.
1. The import tax rate of Huiguo is lowered
In 2022, the average MFN import tax rate for leather industry products with 290 tax numbers (10-digit tax numbers) will be 8.55%, down 0.19 percentage points from 8.74% in 2021.
2. Dynamics of import tax rates under the Free Trade Area Agreement
In 2022, according to the free trade agreements and preferential trade arrangements (bilateral or multilateral free trade areas) signed between China and relevant countries or regions, China and the Regional Comprehensive Economic Partnership (RCEP) and Cambodia will be newly added, bringing the total to 19, respectively. China and RCEP, Asia Pacific Trade Agreement, ASEAN, Iceland, Georgia, Pakistan, South Korea, Switzerland, Costa Rica, Peru, Australia, Mauritius, New Zealand, Singapore, Chile, Cambodia, Hong Kong, Macau and Taiwan.
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