From September, China will give zero-tariff treatment to 98% of tax items from 16 countries

According to the website of the Ministry of Finance on August 2, starting from September 1, 2022, my country will grant zero-tariff treatment to 98% of tax items from 16 least developed countries.

In accordance with the "Announcement of the Customs Tariff Commission of the State Council on Granting Zero Tariff Treatment to 98% of Tax Items in Least Developed Countries" (Announcement No. 8 of 2021 of the Taxation Commission), according to the provisions of the exchange of letters between the Chinese government and the governments of relevant countries, from September 1, 2022 From 2019 to 2018, for countries originating in Togo, Eritrea, Kiribati, Djibouti, Guinea, Cambodia, Lao People's Democratic Republic, Rwanda, Bangladesh, Mozambique, Nepal, Sudan, Solomon Islands, Vanuatu The 98% tax items imported from 16 least developed countries, including the Republic of Chad and the Central African Republic, are subject to a preferential tax rate of zero. Among them, 98% of the tax items are tax items with a tax rate of 0 in the annex to the Announcement No. 8 of 2021 by the Tax Commission, totaling 8,786.

  my country grants zero-tariff treatment to 98% of tax items from 16 countries including Togo, which is conducive to practicing the spirit of China-Africa friendly cooperation, sharing market opportunities with these countries, achieving common development, and promoting the building of a community with a shared future for mankind. In the future, according to the progress of the exchange of letters, my country will gradually grant zero-tariff treatment to 98% of tax items from the least developed countries that have established diplomatic relations with my country.

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