- 发布时间：2021-12-22 14:17
- 发布时间：2021-12-22 14:17
At the end of each year, China will adjust the tariff rate of some imported goods according to the economic and social development. With the approval of The State Council, the Tariff Commission of The State Council issued a notice on Thursday specifying the tariff adjustment plan for 2022.
Experts interviewed by Xinhua News Agency and the personage inside course of study says, the adjustment to reduce some of the medical products, consumer goods, key parts such as a variety of import tariffs on goods, will further meet the needs of the people's life and production and social development, is conducive to maintaining domestic industry chain supply chain security and stability, support for technological innovation and industrial transformation and upgrading, expand the high level of opening to the outside, We will promote high-quality development.
We adjusted temporary tax rates for some medical products and consumer goods with a focus on people's wellbeing
Starting from January 1, 2022, China will apply temporary import tax rates lower than most-favored-nation rates on 954 items.
According to the schedule of the notice, many of the imported products are related to people's livelihood, such as radium chloride injection, intracranial thrombectomy stent and artificial joint.
Wang Jun, director of neurointerventional Department, Department of Neurology, PLA General Hospital, paid special attention to intracranial thrombectomy stent. "Intracranial thrombectomy stents are used to remove cerebral thrombosis, and the reduction of import tariffs will reduce the cost of the stents and reduce the cost of treatment for patients."
Since 2018, China has removed tariffs on the first and second batch of anti-cancer drugs, rare disease drug apis and some alkaloids used to treat asthma, and reduced import tariffs on artificial heart valves, hearing AIDS and other medical devices. "Reviewing the temporary tax rate adjustment in recent years, the goal of reducing the financial burden of patients and improving people's health and well-being is clear." Renmin University of China school of Public administration professor Xu Guangjian said.
Import tariffs on some consumer goods will be lowered in 2022, including high-quality aquatic products such as salmon and cod, baby clothes, dishwashers and skiing equipment. There will be zero tariffs on paintings and other works of art that are more than 100 years old.
"By lowering import tariffs on products closely related to people's lives, we can better meet people's demand for upgrading consumption and their desire for a better life." China Light Industry Association secretary General Guo Yongxin said.
We boosted economic transformation and upgrading, and adjusted temporary tax rates on some environmental products and key spare parts
Promoting green and low-carbon development is a highlight of the tariff adjustment. According to the circular, import tariffs will be lowered in 2022 on particle traps for gasoline engines, which can improve vehicle fuel efficiency and reduce exhaust emissions, electronic throttle valves for automobiles, and peat, which can be used for soil remediation.
Huang Yonghe, a senior expert at the China Automotive Technology and Research Center, said that particle traps for gasoline engines and electronic throttle for automobiles are important parts to promote energy conservation and emission reduction, and the reduction of tariffs will help support the green and low-carbon development of the auto industry.
Various tariff adjustments helped optimize and upgrade the manufacturing sector. For example, import tariffs on key components such as high-purity graphite parts, high-voltage cables for high-speed bullet trains, membrane electrode assemblies for fuel cells and bipolar plates will be lowered in 2022, as well as import tariffs on raw materials needed for food processing, daily chemical and leather manufacturing industries such as cocoa beans, essential oils and animal fur.
In addition, from July 1, 2022, China will also implement the seventh step of tax reduction for 62 most-favored-nation tax rates on information technology products, with the average tax rate dropping from 3.4 percent to 1.7 percent.
These measures are based on domestic development needs and will help maintain the security and stability of domestic industrial and supply chains, support technological innovation and industrial transformation and upgrading, and promote green and low-carbon development, industry insiders said.
We will continue to open up to the outside world at a high level and adjust tax rates under relevant treaties
In order to continue to promote high-level opening-up, China will apply negotiated tariff rates in 2022 on some goods from 29 countries or regions, according to the free trade agreements and preferential trade arrangements China has signed with relevant countries or regions.
Among them, China will further reduce taxes in bilateral free trade agreements with New Zealand, Peru, Costa Rica, Switzerland, Iceland, South Korea, Australia, Pakistan, Georgia, Mauritius and asia-pacific Trade agreements. The Regional Comprehensive Economic Partnership (RCEP) and China-Cambodia Free Trade Agreement will come into force on January 1, 2022 and implement tax reductions.
It is worth noting that the China-Cambodia FREE Trade Agreement is the first one China has negotiated with the least developed country. "China and Cambodia have granted each other 97.5 percent and 90 percent of tariffs on goods, the highest levels in all fta negotiations so far, which will help improve the well-being of businesses and people of the two countries." Customs department of the Ministry of Finance said.
On the regional Comprehensive Economic Partnership (RCEP), China will for the first time reach tariff concessions with Japan. "In the first year of the tariff reduction, China and Japan will immediately implement zero tariff on 24.9 percent and 55.5 percent of the tariff items originated from each other, respectively, according to the 2022 tariff items. There will soon be more market opportunities for relevant companies." Cui Fan, a professor at the University of International Business and Economics.
In addition, the Customs Tariff Commission of The State Council issued a notice on the same day, extending zero-tariff treatment to 98% of the tariff items exported from the least developed countries that have established diplomatic relations with China. Peanut oil and other agricultural products, polyethylene and other chemical products will be included in the zero-tariff treatment.
"This will further boost China's imports from relevant African countries, promote the building of a high-quality China-Africa community with a shared future, further share market opportunities with the least developed countries, and practice mutual benefit and win-win outcomes." Customs department of the Ministry of Finance said.