In order to promote the high-quality development of the economy and the steady growth of import and export trade, Tariff Commission of the State Council has released tariff policy adjustments for imports of major textiles. The adjustments take effect on Jan. 1, 2019.

In terms of MFN tariff rate, provisional tax rates for 706 items will be implemented since January 1, 2019. The treating agents for textiles, leather and other materials tentatively are lowered from the original MFN rate of 10% to 8%; 8 kinds of products such as muslin are reduced from 8% to 6%; linen is reduced from 6% to 1%; fibers made of two or more organic polymers are reduced from 8% to 5%; 11 knitted items made of cashmere such as crocheted pullovers are declined from 6% to 5%; circular screen printing machine are decreased from 10% to 6%; air-jet loom with more than 30cm working width is reduced from 8% to 3%; electronic yarn clearer is reduced from 6 % to 3%; and during January-June period, 2019, the provisional tax rates of automatic feeding machine with a feed rate of ≥12 m/s is 4%.

Source: CHINA TEXTILE LEADER Express