China: Import, export tariff adjustments beginning in 2016

China: Import, export tariff adjustments in 2016

There are changes to China’s import and export tariffs beginning in 2016.

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The Ministry of Finance issued a notice (Shui Wei Hui [2015] No. 23 known in English as the “notice on tariff adjustment plan 2016”) that provides for adjustments to certain import and export tariffs beginning 1 January 2016. 

There are tariff revisions with respect to: 

  • Advanced equipment urgently needed by China
  • Key components and energy raw materials
  • Certain “daily” consumer goods
  • Certain environmental products
  • Products under the jurisdiction of seven free trade agreements that China has entered into with Iceland, Switzerland, Costa Rica, Peru, New Zealand, Hong Kong, and Macau 

In addition, there are some adjustments to the harmonized code system. 


Read a December 2015 report [PDF 245 KB] prepared by the KPMG member firm in China: MOF issued Notice on Tariff Adjustment Plan 2016

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