China - Bound rate

Bound rate, simple mean, manufactured products (%)

Bound rate, simple mean, manufactured products (%) in China was 9.63 as of 2011. Its highest value over the past 10 years was 9.64 in 2001, while its lowest value was 9.63 in 2003.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Manufactured products are commodities classified in SITC revision 3 sections 5-8 excluding division 68.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
2001 9.64
2003 9.63
2004 9.63
2005 9.63
2006 9.63
2007 9.63
2008 9.63
2009 9.63
2010 9.63
2011 9.63

Bound rate, simple mean, all products (%)

Bound rate, simple mean, all products (%) in China was 10.04 as of 2011. Its highest value over the past 10 years was 10.04 in 2011, while its lowest value was 10.00 in 2003.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
2001 10.02
2003 10.00
2004 10.00
2005 10.00
2006 10.00
2007 10.04
2008 10.04
2009 10.04
2010 10.04
2011 10.04

Bound rate, simple mean, primary products (%)

Bound rate, simple mean, primary products (%) in China was 11.43 as of 2011. Its highest value over the past 10 years was 11.43 in 2011, while its lowest value was 11.27 in 2003.

Definition: Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable. Primary products are commodities classified in SITC revision 3 sections 0-4 plus division 68 (nonferrous metals).

Source: World Bank staff estimates using the World Integrated Trade Solution system, based on data from World Trade Organization.

See also:

Year Value
2001 11.32
2003 11.27
2004 11.27
2005 11.27
2006 11.27
2007 11.43
2008 11.43
2009 11.43
2010 11.43
2011 11.43

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Tariffs