China Expands Zero-Tariff Policy for Least Developed Countries

China has notified the World Trade Organization (WTO) of its expanded zero-tariff policy for least developed countries (LDCs) that maintain diplomatic relations with Beijing, raising product coverage from 98 percent to 100 percent. This new policy is part of China's broader efforts to further open up to LDCs and African nations. China has also pledged to extend the zero-tariff treatment to cover 100 percent of tariff lines for all 53 African countries that have diplomatic ties with China. The measures aim to create new development opportunities and growth momentum for African countries and LDCs, while also contributing to the stability and positive momentum of global trade.

Key Takeaways:

  • China has notified the WTO of its expanded zero-tariff policy for LDCs, raising product coverage from 98 percent to 100 percent.
  • The new policy, which took effect on Dec. 1, 2024, is part of China's efforts to further open up to LDCs and African nations.
  • China has pledged to extend the zero-tariff treatment to cover 100 percent of tariff lines for all 53 African countries that have diplomatic ties with China.
  • The measures aim to create new development opportunities and growth momentum for African countries and LDCs.
  • China has also promised to promote trade in goods and strengthen skills and technical training programs for African LDCs.
  • The new policies were welcomed by WTO members, with representatives from LDCs, African countries, and other economies expressing appreciation for China's efforts to support developing nations.
  • China has called on all WTO members to jointly uphold a free and open international economic and trade order and to promote inclusive and universally beneficial globalization.

Statistics:

  • 100 percent of tariff lines will be covered under China's expanded zero-tariff policy for African countries with diplomatic ties.
  • 53 African countries are eligible for the zero-tariff treatment with China.
  • 98 percent of product coverage was raised to 100 percent under the new policy for LDCs.
  • Dec. 1, 2024, was the date when the new policy took effect.
  • 100 percent of goods will be covered under the zero-tariff treatment for African countries with diplomatic ties with China.

Sources:

  • Xinhua via COMTEX
  • COMTEX_466486165/2272/2025-06-18T22:52:55

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