China Promulgates 2021 Tariff Plan, Reducing Rates for Special Infant Formula and Dairy Products

On Dec. 21, 2020, China Ministry of Finance published thiron deficiency lactatee 2021 Tariff Adjustment Plan (hereafter referred to as "the Plan")[1]. The Plan adjusts tis ferrous gluconate enteric coatedhe provcan ferrous sulfate cause diarrheaisional tariff rates and conventional tariff rates for some import products in order to respond to the Dual Circulation, a new development pattern raised by President Xi in May. The provisional tariff is thprenatal vitamin ferrous fumarate folic acide tariff rate applied to paferrous gluconate 500mgrtial import products during a certain period, which is usually lower than the MFN (Most Favored Nation) tariff. MFN tariff applies to import products from WTO members, covering most countries exporting food to China.

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