Customs Tariffs Committee to amend some textile export taxes

25 May '05

2 min read

customs tariffs committee of the state council made the decision to adjust tariff rates of some textile clothing products as of june 1, 2005. among these products, started export tariff imposition since january 1, 2005, tariffs of 2 categories shall be ceased, tariffs of 3 categories shall be decreased, higher tariffs shall apply to 74 categories, and 1 category shall start tariff imposition.

according to spokesperson for the ministry of commerce chong quan, customs tariffs committee of the state council made prudent investigation and data analysis for this move, so as to further optimize china's textile industrial structure, accelerate the transition of china's export growth mode, safeguard interests of china's textile enterprises from textile integration, and promote a comprehensive, harmonious and sustainable development of the textile industry.

meanwhile, this is an initiative measure of china to prevent any damage of justice or freedom of international trade environment. what's more, this is a demonstration of china's sincerity and responsibility in maintaining the stable development of international textile trade.

chong quan said: “we hope that all sides concerned would scrupulously abide by basic principles of wto, jointly vindicate justice and freedom principles of international trade system, and reasonably handle the current textile trade issues.” “from now on, china's textile products with actual export restrictions shall be eliminated frofrom export tariff imposition commodity list,” he added.

Ministry of Commerce - China

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