| A few years back there was a steep increase in | | | | increasing transparency. Having executed several |
| China's imported goods, largely due to the import | | | | progressive reforms, exporters still face difficulty in |
| tariff policy of China. However, charging high tariffs | | | | accessing the Chinese market because some of the |
| was not seen as a welcome move and the Chinese | | | | non-tariff barriers still exist. China's custom tariffs are |
| administration was recommended a significant | | | | by and large revised every year. Duty prices and |
| reduction in the same for the betterment of the | | | | tariff items are altered in discharging the policy and |
| economy. Today, a remarkable global progress has | | | | statistical needs of the government and China's WTO |
| been made in easing the import tariff of China. China | | | | commitments. |
| is said to have reduced import tariffs on a few raw | | | | The rates of import tariff of China are different for |
| materials which has helped the revival of China's steel, | | | | different products, components and their evident |
| fertilizer and textile industries during the economic | | | | usage. Many a times, foreign exporters face |
| slump. | | | | difficulties with unpredictable custom classification |
| A significant reduction in China custom tariff was | | | | application, tariffs and import controls by resident |
| witnessed after the country's entry into the World | | | | custom officials. One can calculate China's import |
| Trade Organization (WTO). China has taken several | | | | tariff rates with the help of a Harmonized System |
| steps to abide by the WTO trade commitments. | | | | (HS) tariff code. The creation and administration of |
| Some of these commitments include reducing tariff | | | | these HS codes are done by the World Customs |
| as well as non-tariff barriers and expanding market | | | | Organization (WCO). |
| access for its international counterparts while | | | | |