Customs Duties to Be Applied in the People's Republic of China in 2024

Dear Member,
In the letter sent to our Chamber by TOBB, with reference to the letter of the Ministry of Trade dated 27.12.2023 and numbered E-68460249-458.99-00092334138, it is stated that as of 1 January 2024, a temporary reduced customs tariff lower than the MFN rate will be applied to 1010 products in import transactions into the People's Republic of China, and that detailed information can be accessed at the official website of the Ministry of Finance of the People's Republic of China, https://gss.mof.gov.cn/gzdt/zhengcefabu/202312/t20231221_3923368.htm.

Furthermore, it is reported that, within the scope of the said regulation, the list containing the export duties to be applied in the People's Republic of China in 2024 and the temporary reduced export duty rates for certain products has also been published. In this regard, it is stated that it would be beneficial for companies cooperating with the said country to contact the relevant Commercial Counsellor's Office ([email protected]) for additional information.

Annex: Customs Duties to Be Applied in the People's Republic of China in 2024

Kind regards,
Elazığ Chamber of Commerce and Industry