China-Australia Free Trade Agreement begins to implement the fifth round of product tax reduction

Beginning on January 1, 2019, the China-Australia FTA began to implement the fifth round of product tax reduction, and China’s exports to Australia have basically achieved zero tariffs.

Specific query product tax rate:

1. China Free Trade Zone Service Network official website

Http://fta.mofcom.gov.cn/

2. Australian FTA Portal

Https://ftaportal.dfat.gov.au/

At the same time, tariffs on Australian exports of wine, salmon, lobster, crab, oysters, honey, and cherries to China fell to zero, and zero-tariff products increased to 5,418; tariffs on fresh and frozen beef ranged from 7% to 15%. Reduced to 6%-12%.