Important News for International Trade with China in December 2021
Release of customs import and export tariff table and LDC zero tariff table in 22
2.The export of copper high energy consuming products is limited
On December 15, the Tariff Commission of the State Council issued the notice of the Tariff Commission of the State Council on the tariff adjustment plan in 2022.
An important change in export tax rate is that the export tax rate of unrefined copper and copper anode for electrolytic refining is blank, which means that the export tax rate of anode copper in 2022 is 30%, which is twice the export tax rate of 15% in 2021.
China's anode copper import has rebounded significantly in recent years. In 2020, the anode copper import will be 958500 tons, with a year-on-year increase of 28.7%, while the annual export volume of anode copper will not exceed 300 tons. Therefore, the tax rate adjustment has no obvious impact on the anode copper export. However, anode copper is the finished product of copper smelting and the raw material of copper refining. If the market anode copper import increases and the export decreases, it will help copper smelting enterprises reduce energy consumption and will not affect the output of refined copper.
Please pay attention to relevant foreign trade enterprises!
3. Chittagong, Bangladesh requires shippers to use electronic payment
4.Vietnamese manufacturers are subject to a surge in anti-dumping and other investigations by exporting countries
5. China Myanmar border areas can settle trade in RMB
6. Saudi Arabia forces localized procurement of some medical supplies
7. Launch the "made in the UK, sold worldwide" program