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Tariffs On Some Imported Garments Were Cut By 50%

2015/5/28 14:56:00 58

ImportClothingCustoms Duties

In accordance with the decision of the Executive Council of the State Council in April 28, 2015, in order to improve the import and export policies of consumer goods and enrich the shopping choices of domestic consumers, we should carry out pilot projects to reduce import tariffs on consumer goods, which are part of a large demand for domestic consumers.

For this reason, the Customs Tariff Commission of the State Council has put forward and submitted approval to the State Council. Since June 1, 2015, China will reduce the import tariff rate of some consumer goods such as clothing, footwear, skin care products, diapers and so on, with an average decline of more than 50%.

In this adjustment,

Suit

Import tariffs on fur clothing and so on will be reduced from 14-23% to 7-10%, import tariffs on boots, sports shoes and so on will be reduced from 22-24% to 12%, and import diapers of diapers will be reduced from 7.5% to 2%.

Import duties

Reduced from 5% to 2%.

Coupled with the low tariff products that have been introduced to promote consumption and improve people's livelihood in the past few years, China has reduced its clothing.

Shoes and boots

The import tariff of many consumer goods such as skin care products, baby food and articles, kitchen utensils, tableware, glasses and so on.

In my view, some 50% of the tariff reductions on imported clothing are mainly following the following signals:

1, in accordance with the relevant agreement process timetable to promote the inevitable;

2, the necessity of stimulating domestic consumption is not necessary for consumers to run abroad because of the high and low prices.

3, the low price of foreign brands can promote local consumption.

4, promoting the quality of domestic brands, relying on low quality and low price can not last long, cost-effective brands gradually get better.

5, promote local brands to go abroad to participate in the international competition situation.

6, upgrading and upgrading of the local garment industry is bound to promote, not only the low value industrial value chain, but also the high-end layout.

7, tariff reduction and even zero tariff will not be far away, and the domestic market will accelerate to conform to the international market.

8, the consumption structure of the local market tends to be rational, pluralistic and quality-oriented.

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News from Washington, D.C. - a new science and technology research fund will be used for sustainable textiles and clothing research because of the progress made in the new bill promoted by the two parties in the United States. Its purpose is to eliminate import tariffs on high-performance outdoor clothing.

The United States outdoor act will levy an import duty of 1.5% over the next 10 years to create a sustainable textile and garment research fund controlled by industry to develop environmental sustainability technology.

According to Senator KellyAyotte, the bill was first introduced 8 years ago. It will reduce or eliminate the outdated tariffs on casual wear and will import modern tariffs to protect outdoor clothing made in the United States.

The bill will create a new taxonomy in the United States Tariff reconciliation schedule (theU.S.HarmonisedTariffSchedule), which is designed to highlight the leisure function jacket and eliminate or reduce the taxable rates for these new taxages.

KristineMarvin, vice president and chief consultant of Timberland, said: "simply speaking, these tariffs on casual functional clothing are outdated and unnecessary, because the market has changed.

This bill will lead to a reduction in clothing consumption prices for consumers enjoying outdoor hours, such as the outdoor water proof jackets sold by Timberland over the past few years.

In addition, the fund is used for research and development of sustainable textiles and materials.

Ayotte, one of the members of the Senate Commerce Committee, said: "the economy of New Hampshire depends on the outdoor leisure industry, which creates us $4 billion 200 million in annual consumption expenditure in our state.

This legislation will reduce the cost of outdoor sports enthusiasts and sales of outdoor casual clothing enterprises, so as to ensure that they can continue to flourish and create employment opportunities.

The board of directors is set up by the industry representatives to supervise the distribution of the Sustainable Textile Clothing Research Fund.

Senator KellyAyotte said the legislation was supported by the American Apparel and Footwear Association (AAFA), EasternMountainSports, KamikBoots, NEMOEquipment, NewBalance and the United States Outdoor Industry Association (OIA).


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