Global dominents for the development of China's trade policy: opportunities and threats for cooperation with Ukraine (Part 2. Modernization of China's trade policy)

Abstract

Trade policy of the country is characterized by the use of tariff and non-tariff instruments. The customs duty of China includes the MFN rates, contractual tariff rates, special fares, general tariff rates, tariff quota rates, and temporary duties. Import and export licensing holds an important place among the non-tariff instruments of China's trade policy. It should be noted that China also introduces general restrictions on export and those which are country-specific.