China: Adjusting the import and export tax rate of some commodities from January 1

In order to promote the high-quality development of the economy and the steady growth of import and export trade, the Customs Tariff Commission of the State Council recently issued a notice on the adjustment plan for the provisional tax rate for imports and exports in 2019 (Tax Commission). Will [2018] No. 65), decided to adjust the import and export tariffs of some commodities from January 1, 2019.