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  4. Overview of China’s 2025 Tariff Adjustment Plan

China will adjust import and export tariffs on selected goods in 2025 in a bid to expand domestic demand, support high-quality development and opening up, and  enhance the synergy between domestic and international markets, the Customs Tariff Commission of the State Council (the ‘Commission’) said on Saturday, December 28, 2024.

According to the Announcement of the Customs Tariff Commission of the State Council on Adjusting the Tariffs in 2025 (the 2025 Tariff Adjustment Plan), the following changes are noteworthy.

Overview of China’s 2025 Tariff Adjustment Plan

  • In 2025, China will impose tariffs on 8,960 tax items.

  • Provisional import tariff rates: Starting from January 1, 2025, 935 items will be subject to provisional import tariff rates, which are lower than the most favored nation (MFN) tariffs.

  • Tariff reduction: Starting from January 1, 2025, China will reduce tariff for relevant products to support the development of new productive forces led by technological innovation, ensure and improve people’s livelihoods, and advance green and low-carbon development.

  • Tariff increase: Starting from January 1, 2025, import tariffs on some commodities will be raised to assist with the development of domestic industry and cope with changes in supply and demand. Examples include syrup and sugar-containing premixes, vinyl chloride, and battery separators.

  • Conventional tariff rates: The conventional tariff rates will be applied to imported goods originating from 3 countries or regions, under the 24 free trade agreements (FTAs) and preferential trade arrangements that have been signed and entered into force between China and relevant countries or regions.

  • Preferential tariff treatment: Zero-tariff treatment will continue to be provided to 43 least-developed countries that have established diplomatic relations with China and completed the exchange of documents.  At the same time, preferential tariffs will continue to be applied to some imported goods originating from Bangladesh, Laos, Cambodia, and Myanmar.

  • Tariff structure updates: To serve industrial development and technological progress, new tariff items have been added and the description of certain tariff items has been optimized.

  • Tariff quota: The tariff quota management will continue to be implemented on eight categories of commodities including wheat, corn, rice, sugar, wool, wool top, cotton, and fertilizer, and the tax rates will remain unchanged.

  • Export tariffs: Export tariffs will be imposed on 107 commodities, including ferrochrome, 68 of which are subjected to provisional export tariff rates.