The Tariff Commission of the State Council approved, and the approval of the State Council, since January 1, 2017, our country will make some adjustments on the import and export tariff.
The 2017 tariff adjustment will uphold the concept of innovation driven development, advanced equipment, continue to encourage domestic much-needed key parts and energy imports of raw materials, to reduce the import provisional tax aircraft test sorting equipment, integrated circuit device, the actuator import tariffs on high resolution hard disk type digital movie projector parts, thermal cracking furnace, natural cork and other goods the use of hydraulic. Choose for the domestic consumers shopping, will also reduce import tariffs of tuna, Arctic shrimp, cranberry and other specialty foods and sculptures such as the original culture of consumer goods. In response to the national medical and health care, reduce the production of anticancer drugs for treatment of diabetic skin and leaves of Taxus, medicine required acarbose hydrate import tariffs. In order to give full play to the role of tariff protection to the domestic industry, according to domestic industrial development and technological progress, in 2017 before the implementation of acrylic acid sodium polymer, the provisional tax rate has a semiconductor module, a converting function of modified alcohol commodities such as import tariff for the corresponding adjustment. 2017 will abolish export tariffs on fertilizer and natural graphite products, appropriate to reduce the export tariff of three yuan compound fertilizer, billet, ferrosilicon and other commodities.
For the expansion of bilateral and multilateral economic and trade cooperation, accelerate the implementation of the strategy of free trade zone in 2017, China will continue to be part of imports originating in 25 countries or regions of the implementation of the agreement rate, which further reduced the tax Chinese free trade agreement with South Korea, Australia and New Zealand, Peru, Costa Rica, Switzerland, Iceland, Pakistan the range of goods; and tax rates were unchanged with the FTA with ASEAN, Chile, Singapore China, as well as the Asia Pacific Trade Agreement; at the same time, the mainland and Hong Kong and Macao Closer Economic Partnership Arrangement (CEPA) will be appropriate to increase the implementation of zero tariff goods, Cross Strait Economic Cooperation Framework Agreement (ECFA) range of commodities and the tax rate remains unchanged.
In September 15, 2016 China has implemented a part of information technology products for the first time the MFN tariff reduction, the first half of 2017 will continue to implement, since July 1, 2017 will be implemented in the second tax reduction, involving a total of more than 280 goods. Tax reduction products mainly include information and communication products, semiconductor and its production equipment, audio-visual products, medical equipment, instrumentation, etc.. 2017 will continue to implement the interim tax rate of the implementation of the APEC environmental product tax reduction commitments, and continue to give the least developed countries zero tariff treatment.
With the 2017 revision of the World Customs Organization "harmonized commodity description and encoding system Convention" goods classification, items of China Import and export tariff will have a larger range of adjustment, mainly involving agriculture, chemical, mechanical, textile, wood and other fields of goods. According to the domestic needs of the appropriate adjustments to other tariff. After adjustment, the total number of items in 2017 China's tariff increase to 8547, tax structure will be more in line with the actual needs of the development of international trade.