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China announces MFN import tariff on leather products
11
Jun '10
It is learnt from the General Administration of Customs that China's MFN import tariff rates of leather industry products have been completed in accordance with WTO commitments.

China's average MFN import tariff on leather industry products is 12.09 percent in 2010. Meanwhile, scale of provisions and scope of tariff preferences of China's bilateral or multilateral free trade areas continue to increase.

Customs figures show that China's average MFN import tariff on leather products is 12.09 percent in 2010; only three semi-finished leather products in customs codes have their import tariffs slightly lowered from 2009.

China's average import tariff on leather products imported from Chile is 0.77 percent in 2010, down 11.32 percentage points from average MFN import tariffs.

In 2010, China's preferential tariffs on ASEAN expand from eight to ten countries; the average import tariffs are zero on leather products, except leather or reproduced leather under tariff number 94012010.

China's average import tariff on Pakistan's leather products is 8.01 percent, 4.08 percentage points lower than average MFN import tariffs and 0.43 percentage points lower than the previous year.

In 2010, China's average import tariff on imports from New Zealand is 5.08 percent, 7.01 percentage points lower than average MFN import tariffs and 2.17 percentage points lower than the previous year.

In 2010, China's average MFN tariff on leather industry products has declined from 12.11 percent in 2009 from 12.09 percent in the current year.

In 2010, China continues to provide preferential import tax rates on some leather products imported from 31 least developed countries in Africa, six countries in west Asia and two countries in Asia-Pacific area.

Fibre2fashion News Desk - China

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