China lowers import tariff for frozen pork from todayChristian Fernsby ▼ | January 1, 2020
China will implement provisional import tax rates that are lower than the most-favored-nation tariff rates for over 850 commodities starting today.
Food in China Frozen pork
Topics: China import tariff pork
Under the circular, China will introduce or reduce the provisional import tax rates on products including frozen pork, frozen avocados and non-frozen orange juice, as well as impose zero import tax on pharmaceutical products containing alkaloids for asthma treatment and raw materials for the production of new diabetes medicines.
Meanwhile, China will lower tariff rates in accordance with the free trade agreements it has separately signed with New Zealand, Peru, Costa Rica, Switzerland, Iceland, Singapore, Australia, the Republic of Korea, Chile, Georgia and Pakistan, as well as the Asia-Pacific Trade Agreement, starting Wednesday. ■