According to the 2025 Tariff Adjustment Plan, China’s tariff adjustments will be as follows from January 1, 2025:
Most-Favoured-Nation Tariff Rate
• Increase the most-favoured-nation tariff rate for some imported syrups and sugar-containing premixes within China’s commitments to the World Trade Organization.
• Apply the most-favoured-nation tariff rate to imported goods originating from the Union of Comoros.
Provisional Tariff Rate
• Implement provisional import tariff rates for 935 commodities (excluding tariff quota commodities), such as reducing import tariffs on cycloolefin polymers, ethylene-vinyl alcohol copolymers, etc. to support scientific and technological innovation; reducing import tariffs on sodium zirconium cyclosilicate, viral vectors for CAR-T tumor therapy, etc. to protect and improve people’s livelihood; reducing import tariffs on ethane and some recycled copper and aluminum raw materials to promote green and low-carbon development.
• Continue to impose export tariffs on 107 commodities such as ferrochrome, and implement provisional export tariffs on 68 of them.
Tariff Quota Rate
Continue to implement tariff quota management for 8 categories of imported commodities such as wheat, and the tariff rate remains unchanged. Among them, the quota tax rate for urea, compound fertilizer and ammonium hydrogen phosphate will continue to be a provisional tax rate of 1%, and a certain amount of cotton imported outside the quota will continue to be subject to a provisional tax rate in the form of a sliding scale tax.
Agreement tax rate
According to the free trade agreements and preferential trade arrangements signed and effective between China and relevant countries or regions, the agreement tax rate will be implemented for some imported goods originating from 34 countries or regions under 24 agreements. Among them, the China-Maldives Free Trade Agreement will take effect and implement tax reduction from January 1, 2025.
Preferential tax rate
Continue to grant zero tariff treatment to 100% of the tariff items of 43 least developed countries that have established diplomatic relations with China, and implement preferential tax rates. At the same time, continue to implement preferential tax rates for some imported goods originating from Bangladesh, Laos, Cambodia and Myanmar in accordance with the Asia-Pacific Trade Agreement and the exchange of letters between China and relevant ASEAN member governments.
In addition, starting from 12:01 on May 14, 2025, the additional tariffs on imported goods originating in the United States will be adjusted from 34% to 10%, and the 24% additional tariff rate on the United States will be suspended for 90 days.
Post time: May-27-2025