China to Implement New Tariff Adjustment Plan in 2026

According to PANews, the State Council Tariff Commission has announced the '2026 Tariff Adjustment Plan,' set to take effect on January 1, 2026. This adjustment aims to promote high-quality development, optimize tariff item settings, and continue the implementation of agreement and preferential tax rates. Key aspects of the plan include the application of provisional import tax rates lower than the most-favored-nation rates on 935 items. These items encompass critical technological components, resources for green transformation, and medical products. The plan also involves the removal of provisional import tax rates on certain goods, reverting to the most-favored-nation rates for products such as micro motors and printing machines. Additionally, new tariff items have been introduced, including intelligent bionic robots and bio-aviation kerosene, bringing the total number of tariff items to 8,972. Furthermore, the plan continues to offer zero-tariff treatment on all products for 43 least-developed countries and applies preferential tax rates to imports from some ASEAN member countries.