Beijing, 3 Aug: 3 from the Chinese Ministry of Finance stated that, as of January 1, 2010, China's accession to the world of tax commitments have been fully satisfied, general tariff level lowers the WTO before the 15.3% to current 9.8%.
The WTO, China tariff structure continues to be optimized, more reasonable tax structure, established two small, middle and large distribution patterns of tax, import tax rate from 0 to 65%. Tariff basic realization of the "high taxes, narrow basis" to "low taxes, wide tax base", forming a natural resource products, spare parts, manufactured goods tariffs from low to high and reasonable structure.
In strict compliance with the commitments of WTO tariff concessions, China has taken a variety of forms of taxation, in import duties adopted from, select tax, tax, sliding, import or export duties on the part of the chemical and related products introduced tax season.
China has also carried out on the tariffs of tariff lines, larger range of adaptation and refinement. At present, China's tax number (8 digits) from the 2001 7111 to 7923, 11.4%.
According to statistics, the WTO, China import tax, representing an average annual growth of 17.8%, Central revenue contribution at 25 percent, is the most stable one central source of tax revenue.
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