China: Tariffs Reduced on Select Agricultural Products and Assessment Method on Specific Poultry Lines Changed
On December 29, 2022, the State Council Tariff Commission (SCTC) announced its annual tariff adjustment plan that sets tentative import and export tariff rates for select tariff lines in 2023. According to the 2023 tariff adjustment plan, the PRC will calculate MFN tariffs on certain frozen chicken products by applying a tariff on the import value rather than by volume (RMB/KG). The PRC will also temporarily lower import tariff rates for frozen blue whiting, cashew, linseed, sunflower seed, cocoa fat (oil), homogenized composite food, and a few wood products. The report contains an unofficial translation of the 2023 tariff adjustment plan, a list of agriculture-related products subject to temporarily applied MFN tariff rates, a list of chicken products with adjusted tariff assessment methodologies, and a list of commodities subject to TRQ administration.