Textile Tax Reduction In China ASEAN Free Trade Area

With the start of the "China ASEAN Free Trade Zone" tax reduction plan, the textile tax rates of China and ASEAN countries will be significantly reduced, bringing new opportunities for the development of China's textile industry.

For example, the average tariff rate of textiles in Thailand is 21.5%. After the normal product tax reduction process, it dropped to 10.6% in January 1, 2007, dropped to 4.7% in January 1, 2009, and dropped to zero in 2010. The average tariff rate of Malaysia textile products was 16.8%, 2007 to 9.2%, 2009 to 3.9%, 2010 textile tariff, and Indonesian textile tax rate below 5%, basically no tax reduction in the early stage, and zero in Vietnam.