How are tariffs levied?
China adopts a two-column tariff for imports: a general rate and a preferential rate. The general tariff rate applies to goods from countries and regions that have not signed reciprocal tariff agreements with China, while the preferential tariff rate applies to goods from countries and regions that have signed such agreements with China. Specific duties, compound duties and sliding tariffs are levied on a selected number of imported goods. The current average import tariff rate of China is 11%. For exports, customs duty is not divided into general or preferential rates. Tariffs range between 20% and 50% at five levels.
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