Importing motorcycles from abroad into PR China

Just thought I'd share this information;

The cost of importing a NEW motorcycle into China as at 2012-Nov-21. The PRC government will hold its hand out for 70% of the MSRP (as the PRC authorities determine it to be, no matter how much one might pay or the invoice produced, which will be a gross price inclusive of any local taxes at the source country e.g. VAT, GST, stamp duties etc if any) added to that aforementioned 70% of MSRP will be added an additional CNY30,000 as a one off fee, irrespective of bike cost. To those prices one has to factor freighting, shipping and any additional quarantine costs, and does not include any costs associated with plating or insurance. This information is current and up to date as of yesterday. I know this first hand as I am attempting to import a new XT1200Z from Australia.

Some members might think that the figures and percentages are incorrect as I know that some members here on MCM firmly believe that vehicles can be imported into PRC legally and cost only an additional 40% on top of the purchase price.
Sorry to burst the bubble, that is pie in the sky wishful thinking.

To quantify, the 70% the PRC authorities calculate is based on the source countries MSRP plus any additional taxes (e.g. VAT, GST etc) which is then the GROSS price, which is what the 70% is calculated on, irrespective if one has to pay said additional taxes at source or not. The PRC authorities will not calculate the 70% on the NETT price. If ones invoice shows a figure not in line with the MSRP PRC authorities expect then they make up their own MSRP. Remember too that this for importing a NEW motorcycle, not used (which are not allowed in).

This information came directly from the authorities to me yesterday. It also explains why foreign sourced motorcycles bought through legitimate dealers cost so much in PRC, after all they are in business for profit. Essentially the price of a new legal imported Harley, BMW, Kymco, Suzuki <insert your make, model here> is double to sometimes triple the cost here in PRC as what it might be in many overseas markets. It's not so much price gouging by local dealers, but rather reflects the 100-110% taxes and duties paid just to get said bike landed inside PRC. It also explains the rampant black market.

There are a few special circumstances, and caveats to all this, country of origin, the country of manufacture and whether or not there is any FTA in place, who is importing said motorcycle and what country that person is from, what work unit one is attached to and so on.

Also to import a motorcycle also requires a special importation license, which I have access to. So while there are many contributing factors that can alter the above "figures" the reality is that for the majority, figure on around 100-110% of the regular MSRP of a new motorcycle in non-refundable duties, taxes and additional fees to get the bike landed in PRC.

Tit for Tat. The other countries should do the same with every exported chinese bike

There's no point in getting annoyed with the Chinese authorities. It's the other countries governments that allow the Chinese government to have their cake and eat it. Damn they must be laughing their asses off. We export millions, but you can't export into the worlds largest economy unless you pay us.

Interesting information - thanks bikerdoc.

Perhaps your information might apply to private individuals, doing a "pure" import. There are other situations, however, to allow a foreigner who is the registered owner of a WFOE (under certain circumstances) to import a vehicle for personal use, at substantially reduced rates. And, in a few cases, at zero rates.

Also, there are WFOE categories that allow the importation of goods under reduced rates if certain conditions are met (and within business scope and purpose). It also depends on where the goods are landed (e.g., Tianjin). A registered WFOE with an import license has a separate schedule for import tariffs (different than private individuals).

There are also provisions to allow the importation of a private vehicle for extended work visa categories. I was once shown a guy's 2 year residency permit in his passport that identified a Porsche 911 as having come in with him. Long story, but the car is not being driven by him. It is zooming around the snow-covered lanes of Heilongjiang, driven by the Chinese big-boss.

It has been a while (pre-2005), but I recall that the US Embassy was actively involved in the original HD story, re duties and tariffs potentially contravening WTO provisions ... this was apparently quite a contentious issue, as China had only recently been included in the WTO. I have only heard rumors that the "HD deal" was "special circumstances" and has grandfathered through recent changes.

There is a guy in Beijing who is bringing in HDs, legally, and able to legally plate them, with a price about 15 - 20% less than the official HD dealer - the wrinkle is, however, HD China does not recognize them as eligible for warranty service (no surprise there, as this also happens back home between Canada & the USA). I've seen a couple of his 2012 bikes. Obviously, I don't know much about the inner workings of his financials, but he is managing to somehow do it (and presumably turn a profit). He's also the "unofficial" Triumph, Kawasaki and KTM "dealer" in Beijing ... legal bikes.

Oh, I think it also matters on which country the vehicle is coming from (e.g., presumably the Thailand Triumphs will be less "taxed" under the two countries' FTA).

Nevertheless, 99% of us here would be trying to privately import a vehicle, so your info is very helpful. Tx again.

Quote:

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Originally Posted by Lao Jia Hou

There is a guy in Beijing who is bringing in HDs, legally, and able to legally plate them, with a price about 15 - 20% less than the official HD dealer - the wrinkle is, however, HD China does not recognize them as eligible for warranty service (no surprise there, as this also happens back home between Canada & the USA). I've seen a couple of his 2012 bikes. Obviously, I don't know much about the inner workings of his financials, but he is managing to somehow do it (and presumably turn a profit). He's also the "unofficial" Triumph, Kawasaki and KTM "dealer" in Beijing ... legal bikes..

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We have 3-4 motorbike "importer... dealer... distributor" around Shanghai region doing exactly the same as you write in your post, warranty and service work is the main obstacle but they are legally imported brand-new bikes and they can be plated and registered in Shanghai or elsewhere.....

Just had a very quick telephone chat with a riding buddy, who used to work at a senior level with China Customs, and is now with a major consulting firm. His specialization is advising corporations on vehicle importing. Among many other things, he was involved with setting up a major foreign motorcycle manufacturer's entry into China (I shouldn't name it without his permission).

Anyways, the very condensed version is:

1) Import duty on new motorcycle is 30% since 2005 (was 50% previously). Is scheduled to be lowered to 20%. There are, however, commercial (and diplomatic, of course) exceptions to this rate (i.e., lower), but it is quite complicated.
2) There are many other charges/taxes, over and above the duty, most notably the Chinese VAT of around 17%.
3) There are many restrictions about what private individuals can import, and "agent" and "broker" fees can be extremely high.

His closing comments were:

1) It purposefully isn't easy (or inexpensive) for a private individual to do it. The government isn't concerned about foreigners doing it - they are concerned about the one Chinese family member studying in the USA, buying HDs comparatively cheap, and each of that student's 100 relatives back home in China importing "one each".
2) He'll try to get me some pdf docs over the coming weeks (which, in my experience with his promises, would mean months) that outlines everything, step by step.
3) His final comment in our quick conversation was ... "F man - your hair is already turning grey - why bother jumping into the grave sooner? Just buy one here. You'll thank me for my advice!"

I'll try to get more info, but probably by the time all is said and done, 70% seems ballpark.

Thanks Bikerdoc,

Well that 70% has well and truly burst the bubble of any thoughts of me bringing in my own motorbike.
Any way, I think, any used bike isn't allowed to be imported any way, so that's a double burst bubble.

Can one bring in a motorbike for a set period? of say 12 months or any thing?

Gra.

Quote:

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Originally Posted by Graham

Can one bring in a motorbike for a set period? of say 12 months or any thing?

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NO​......

Thanks TB,

I thought as much.

Really is a dead duck situation, whichever way one looks at it.

Gra.

Product description: CB500R Product category: Engine Capacity: 501 - 800 cc - Exceeding 500 cc but not exceeding 700 cc (87114000) Product value: US$5500.00 Country of manufacture: United States

Total customs value:	CH¥44533.68
- Duty:	CH¥17813.47
- Consumption tax:	CH¥6927.46
- VAT:	CH¥11776.68
Total import duty & taxes due:	CH¥36517.62
Total landed cost:	CH¥81051.30 at USD/CNY exchange rate of 6.2285

Calculation notes


Notes on duty & taxes rates

• CB500R has an import duty rate of 40% and VAT rate of 17% , Consumption Tax rate is 10%.

Notes on import taxes due

• Please note that your shipping provider may add an additional handling fee

Quote:

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Product description: CB500R Product category: Engine Capacity: 501 - 800 cc - Exceeding 500 cc but not exceeding 700 cc (87114000) Product value: US$5500.00 Country of manufacture: United States

Total customs value:	CH¥44533.68
- Duty:	CH¥17813.47
- Consumption tax:	CH¥6927.46
- VAT:	CH¥11776.68
Total import duty & taxes due:	CH¥36517.62
Total landed cost:	CH¥81051.30 at USD/CNY exchange rate of 6.2285

Calculation notes


Notes on duty & taxes rates

• CB500R has an import duty rate of 40% and VAT rate of 17% , Consumption Tax rate is 10%.

Notes on import taxes due

• Please note that your shipping provider may add an additional handling fee

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I wonder what the tax situation would be if you imported from an ASEAN country such as Thailand?

I believe they are the same rates for all, the Motorcycle industry in China is protected.
This website allows a free trial….http://www.dutycalculator.com/

It does say that Asian countries are the same on the calculator, then again it could be incorrect.

IMO the best way around the rules is to buy a legal CMX250/CB250 clone/based bike and to upgrade it with imported original Honda parts, and nice shocks and brakes, even better with a CB350 engine, but you'd need to keep it looking fairly original. Would be a cool winter project.

Quote:

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Originally Posted by ZMC888

I wonder what the tax situation would be if you imported from an ASEAN country such as Thailand?

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Triumph will export from Thailand to ML China in the near future and have a look at the very interesting Ducati frame sticker pictured (pic taken at Ducati display booth during the recent F1 Ciruit Racing Event = (VW SCCF @ 10 November, 2012).
The motorbike import tax from Thailand into China is lower, a mate mention the % a few weeks ago but can't remember right now.....

Quote:

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Originally Posted by TB-Racing

a mate mention the % a few weeks ago but can't remember right now.....

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Is the difference single or double digits?

Then we'd need a list of bikes imported (or at least importable) from Thailand. The new CB500X is looking very sweet. Anything is looking sweet next to an HD 883 right now though...

I used to have a table,an Excel spreadsheet, that I found on the ASEAN website it had all import codes, descriptions and rates. I deleted it though, when I first got it I checked it was 40%, it was dated 2009.


If you are that interested then try finding the data.

I used "asean thailand china filetype:xls" in google
http://www.google.com/search?hl=en&a...xls&as_rights=

The rates are online someplace...playing with the search terms would eventually find it.

China is not an ASEAN member, locating manufacturing in Thailand is only in part strategic with regards to China. The ASEAN nations also have other nations they trade with, the main reason to locate in Thailand would be access to all ASEAN markets. What manufacturing that exists in the ASEAN markets if offered free access to Chinese markets would have a significant impact on the Chinese industry. I would not expect the rates to drop anytime soon.


Before that could even matter the Chinese need to address the legality issues of ownership, who and where motorcycles can be owned and ridden. Certain areas are relatively unrestricted and other areas are totally restricted, the higher end products and relative required incomes are primarily within restricted ridding areas. With the exception of Shanghai and Beijing.


Current polices make all imports expensive and in that limit who can afford them. Then the regulation totally eliminate that market in urban markets by making ownership illegal.


Before they can open the markets to the imports they have to open up some access to legal ownership.


Urban areas that banned motorcycle could allow licenses but they have to be priced correctly, if the goal is to grow domestic production then the import tariff goes up not down, while allowing ownership in urban markets with licenses that allow unrestricted ownership. that also prevents rural owners access through pricing That being the plate would be related to where the owner lived, outside the city should be able to buy both types but inner city owner would be required to buy the premium license. The pricing is how to regulate and control, they really will not ever succeed selling premium bikes if they restrict access by those that can actually afford them. The result will be small sales volume and exorbitant prices, that’s fine since that market exists but creating urban licenses in banned areas for lowered prices and raising the tariff on imports would benefit the domestic industry. That would offers incentive for manufactures to increase production of premium models in China.


The reason that is not happening is that they know there are large numbers of illegal riders and also many will violate the regulations and as many will figure out ways to falsify and or bribe its enforcement away.


They need better systems and tougher actions against those committing violations within the systems.

What you are saying is correct. But as I've said hundreds of times before a new registration plate is required that allows riders of motorcycles 250cc and above to have car like rights, obligations and similar costs

Quote:

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Originally Posted by MJH

I used to have a table,an Excel spreadsheet, that I found on the ASEAN website it had all import codes, descriptions and rates. I deleted it though, when I first got it I checked it was 40%, it was dated 2009.


If you are that interested then try finding the data.

I used "asean thailand china filetype:xls" in google
http://www.google.com/search?hl=en&a...xls&as_rights=

The rates are online someplace...playing with the search terms would eventually find it.

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I had a feeling MJH might chime in on this. :) I'll keep looking but for now my Google fu is not up to the task, unfortunately. Very much wondering if after the costs of importing a bike on our own we would be saving money rather than going to a dealer.

Quote:

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Originally Posted by Nuhaus

Is the difference single or double digits?

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Quote:

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Originally Posted by Nuhaus

Very much wondering if after the costs of importing a bike on our own we would be saving money rather than going to a dealer.

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Import tax depends on bike displacement and the import tax reduction is in the double digits. Only the manufacturer based in Thailand can get a Certificate Of Origin (Thailand) and was told only the manufacturer can export to ML China, no individual or dealer is able to export with a reduced import tax to ML China.

Someone mention that Ducati / China reduced pricing on some of the models incl. the Diavel, now this might be due to overstocked (2012) bikes or reduced import tax as the Diavel seems to have a Certificate Of Origin from Thailand (see pic in my earlier post)....

[XLS] china tariff schedule vis-a-vis thailand.xls - FTA http://www.mychinamoto.com/forums/ch...annotation.png

www.thaifta.com/thaifta/.../China/china%20tariff%20schedule%20vis...
File Format: Microsoft Excel
669, 27101922, 271019, Fuel oil No.5 to No.7 (National Code), 6, 5, 6. 670, 27101929, 271019, Diesel oils & preparations thereof and other fuel oils, nes, 6, 5, 6 ...

that is also outdated, dated 2005 has the rates at 45-48

Here is the source
http://www.thaifta.com/ThaiFTA/

that site has allot of information related to the proposed FTA.

Quote:

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Originally Posted by MJH

Here is the source
http://www.thaifta.com/ThaiFTA/

that site has allot of information related to the proposed FTA.

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Note the key word... cause for now it doesn't exist... so a lot of hot air going on here, much a-do about nothing... at the end of the day PRC authorities will charge what they see fit as and when something lands on their turf. Everything I wrote in my OP remains valid... and FTA's are only one small part of the equation. I'm a NZer and NZ is the first industrialised country to both recognise PRC and also enter into a FTA with the government of PR China. When I reviewed the FTA between NZ and PRC, in the hope that bringing in a motorcycle without duty was possible... I was somewhat disappointed, since it is and it isn't. Firstly the duties are rolled back to lesser and lesser amounts over multiple years. But even then the motorcycle must be 100% manufactured in NZ to then enjoy no duty status, only the Britten would possibly apply. Meanwhile the Chinese side got all the cards...

Yeah the country of origin is were it is actually manufactured.

The tariff base for a 50cc Vespa into Thailand is 60% and for Vietnam is 75% these are big markets and also they are seeking to establish industry within them.


http://www.dutycalculator.com/hs-cod...1.10.0000/606/


Comparably China's base rate is 45% on an import of a 50cc scooter.


I would say that the base rate is 45-48 all classes with 8711 and Thailand gets 5%-8% off that base.

I would not advise anyone to import a grey market motorcycle without having some connections in the government.

I do not think they should drop the rates on imports, I believe they need to get control of licenses and establish viable market regions, that are legal and 100% legitimate.


Expanding a tiered system is not likely to happen with such a large rural underclass that is so dependent on motorcycles. Adding color coded plates and any system to verify at a stop and with strict penalties and fines for violations, would get overrun, the population works overtime trying to get around any system, enforcing a tiered system would be very complicated and likely inundated with fake plates.


The color coded plates would need to be priced high enough to restrict access to incomes within the urban middle class. That being priced so high that not all will buy the license only those that can afford it would buy it.


The imports tariffs being lowered will solve nothing with respects to the Chinese motorcycle industry. Allowing greater access to ownership would and also they should allow independent foreign manufacturing within China as well.

The entire country being green, then all the restricted areas on a GPS map would be red and the areas with special plating then represented in yellow. The object would be to allow yellow plates in red areas, converting the red areas to yellow would increase sales of midrange and larger displacement motorcycles.


All retailing within a yellow area would need to be licensed as a urban dealer and only be able to offer yellow plates.
Retail dealer in green areas could offer both, the price of a yellow plate would need to be regulated to prevent the restricted areas from being overrun with rural to urban commuters.


Then it would also require better documentation of manufactures and the products they sell, urban and rural classification should be different, the emissions on urban class should be stricter not based on engine size it should be based on emission output. Yellow or urban plates should require inspections and in that safety and emission tests.

G'Day,


Over the last week checked into another import bike (2013 model) and contacted a well known China based motorbike importer for quotes (all inclusive deal: bike, import tax / handling, registration tax, basic insurance, registration Shanghai "C" plate and all handling charges, etc...etc...). Gave up on the import bike project and switched to my back-up plan (always good to have one in this lovely country)....

Here are some bike quotes as reference (Shanghai "C" rego + plate around 14000RMB this week).

Honda-XR650L / MSRP: 145000 RMB (OTR: 168650 RMB)
Yamaha-WR450F / MSRP: 158000 RMB (OTR: 169350 RMB)
Yamaha-WR250F / MSRP: 145000 RMB (OTR: 168650 RMB)


Sidenote: was informed by several reliable sources that import taxes vary between bikes due to different engine displacements.

Quote:

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Originally Posted by TB-Racing

We have 3-4 motorbike "importer... dealer... distributor" around Shanghai region doing exactly the same as you write in your post, warranty and service work is the main obstacle but they are legally imported brand-new bikes and they can be plated and registered in Shanghai or elsewhere.....

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do u mind sharing the specific importers to us....would greatly appreciate it

Quote:

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Originally Posted by xtoss

do u mind sharing the specific importers to us....would greatly appreciate it

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http://www.mychinamoto.com/forums/search.php mostly all on the MCM forum already.....

March 2013.

One of the most important issues facing companies and individuals conducting trade with China is the subject of taxes and duties imposed on goods imported into and exported out of the country. This is a complex subject. Rates and regulations differ from product to product, however there are general tax principles to follow, and what follows is an outline of the most important issues foreign companies & individuals should be aware of below.

Importing to and exporting from China generally involves three types of taxes:Value-added tax;

1. Consumption tax; and
2. Customs duties.

1. Value-added Tax for Imported Goods
Imported goods to China are subject to value-added tax (VAT), and the applicable tax rates are the same as those applied to goods sold within the domestic market (i.e. 17 percent, and 13 percent for some goods). VAT is payable on the day of customs clearance.
The input VAT imposed on importing goods can be used to deduct the output VAT paid when the imported goods are sold in the domestic market.

2. Consumption Tax for Imported Goods
Items subject to consumption tax (CT) include luxury products such as high-end watches, non-renewable petroleum products such as diesel oil, and high-energy consumption products such as passenger cars and motorcycles.

Import CT is collected either on an ad valorem basis or quantity basis, with tax rates and amounts varying greatly. CT should be paid within 15 days from the day that Customs issues the Import CT Bill of Payment.

3. Customs Duties
Customs duties include import duties and export duties, with a total of 8,238 items taxed, according to China’s 2013 Customs Tariff Implementation Plan (“2013 Tariff Plan”). Customs duties are computed either on an ad valorem basis or quantity basis.

Import Duties
Duty rates on import goods consist of: Most-favored-nation duty (MFN) rates;

• Conventional duty rates;
• Special preferential duty rates;
• General duty rates;
• Tariff rate quota (TRQ) duty rates; and
• Temporary duty rates.

MFN duty rates
MFN rates are the most commonly adopted import duty rates. They are much lower than the general rates which apply to non-MFN nations. They apply to the following goods:

• Goods imported to China from WTO member countries;
• Goods originating from countries or territories which have concluded bilateral trade agreements containing provisions on MFN treatment with China; and
• Goods that originated from China.

Conventional duty rates
Conventional duty rates are applied to imported goods that originate from countries or territories that have entered into regional trade agreements containing preferential provisions on duty rates with China. Under the 2013 Tariff Plan:

• 1,875 imported goods originating from South Korea, India, Sri Lanka, Bangladesh and Lao adopt the Asia-Pacific Trade Agreement conventional duty rates.
• Certain commodities from members of the Association of Southeast Asian Nations (ASEAN), Chile, Pakistan, New Zealand, Singapore, Peru and Costa Rica are subject to conventional duty rates under the relevant free trade agreements.
• Some imports from Hong Kong, Macau and Taiwan enjoy tariff-free policies.

Special preferential duty rates
Special preferential duty rates are applied to imported goods originating from countries or territories with trade agreements containing special preferential duty provisions with China. They are generally lower than MFN rates and conventional duty rates.

Under the 2013 Tariff Plan, special preferential duty rates are applied to certain goods originating from 40 Least Developed Countries as classified by the United Nations. These countries include Ethiopia, Rwanda and Afghanistan.

General duty rates
General duty rates are applied to imported goods originating from countries or territories that are not covered in any agreements or treaties, or of unknown places of origin.

Tariff rate quota duty rates
Under tariff rate quota (TRQ) schemes, lowered tariff rates are applied to products imported within the quota. For example, according to the 2013 Tariff Plan, the TRQ rate for importing wheat within the quota is 1 percent, substantially lower than the MFN duty rate of 65 percent and the general duty rate of 80 percent.

Temporary duty rates
Occasionally, China sets temporary duty rates for certain imported goods. To boost imports and meet domestic demand in 2013, China implemented temporary tax rates lower than the MFN tariff on more than 780 imported commodities, including seasoning products, pacemakers, special-formula infant milk powder, and resources including kaolin, alfalfa and eiderdown.

Other duty rates
Considerably higher rates may be implemented according to Chinese regulations regarding anti-dumping, anti-subsidies, and safeguard measures. Retaliatory tariffs could also be applied to goods originating from countries or regions that violate trade agreements with China.

Place of Origin
In order to apply the correct tariff rate, it is necessary to first determine the place of origin of the goods. According to China’s place of origin regulations, where goods are completely sourced from one country (or territory), that country will be the place of origin of the goods, e.g. live animals born and bred, plants harvested, and minerals excavated in the country.

Where the goods are produced in two or more countries or territories, the country or territory where the goods undergo a final substantial change and completion is the place of origin of the goods.

The basic standard for determining “substantial change” is a change in tariff classification. Supplementary standards for determining “substantial change” include the ad valorem percentage method, which tests the value added percentage in the manufacturing or processing carried out in the country other than the country of the original materials.

Processing and treatment carried out for purposes of evading anti-dumping, anti-subsidy and safeguard measures will be disregarded. Customs is entitled to request a certificate of origin, i.e. a written document issued by the exporting country or territory stipulating the place of origin of the goods.

Duty Relief
Duty relief includes statutory duty relief, policy-based duty relief (or special tariff relief ), and temporary duty relief. Some items exempt from duties under statutory duty relief are:The duty amount to be paid for one consignment of goods if it is below RMB50.

• Advertising materials and trade samples of no commercial value.

Some goods are exempt from duties if they are re-exported or re-imported within six months after the import or export, for example:

• Goods to be exhibited or used at exhibitions, trade fairs, conferences and other similar events.
• Instruments, equipment and items to be used for scientific research and educational and medical activities.
• Other goods to be used for non-commercial purposes.

Policy-based duty relief includes:

• Scientific educational supplies;
• Special products for the disabled;
• Poverty alleviation supplies and charity donations;
• Processing trade products; and
• Goods traded in free trade zones and export processing zones.

Under special circumstances, the State Council may provide temporary duty relief for certain categories or batches of goods.

Duty Paying Value for Imported Goods
The amount of import taxes and customs duty payable is calculated based on the price or value of the imported goods. This value is called the duty paying value (DPV). DPV is determined based on the transacted price of the goods – i.e. the actual price directly and indirectly paid or payable by the domestic buyer to the foreign seller, with certain required adjustments.

DPV includes transportation-related expenses and insurance premiums on the goods prior to unloading at the place of arrival in China. Import duties and taxes collected by Customs are excluded from DPV.

Calculating Import Taxes and Duties Payable
Import taxes and duties can be calculated after determining the DPV and the tax and tariff rates of the goods. The formulae are:

1. Value-added tax

• VAT payable = Composite assessable price × VAT rate

Composite assessable price can be calculated as follows:

• Composite assessable price = DPV + Import duty + CT; or
• Composite assessable price = (DPV + Import duty)/ (1 – CT rate)

2. Consumption tax
Ad valorem basis:

• CT Payable = Composite assessable price × CT rate
• Composite assessable price = (DPV + Import duty)/ (1 – CT rate)

Quantity-based:

• CT Payable = Quantity of taxable goods × Tax amount per unit

Compound formula:

• CT payable = Composite assessable price × CT rate +Quantity of taxable goods × Tax amount per unit
• Composite assessable price = (DPV + Import duty + Quantity of taxable goods × Tax amount per unit) / (1- CT rate)

3. Import duties
Ad valorem basis:

• Duty payable = DPV × Tariff rate

Quantity-based:

• Duty payable = Quantity of imported goods × Amount of duty per unit

Compound formula:

• Duty payable = DPV x Tariff rate + Quantity of imported goods x Amount of duty per unit

Import taxes and duty payable should be calculated in RMB using the benchmark exchange rate published by the People’s Bank of China.

Export Duties
Export duties are only imposed on a few resource products and semi-manufactured goods. In 2013, China continues to levy temporary tariffs on exports including coal, crude oil, chemical fertilizers and iron alloy to conserve resources.

The tax base for export duties are the same as import duties – i.e. the DPV. The DPV for export duties is based on transacted price, i.e. the lump sum price receivable by the domestic seller exporting the goods to the buyer. Export duties, freight-related expenses and insurance fees after loading at the export spot, and commissions borne by the seller are excluded.

Source: http://www.china-briefing.com

In other words, "Don't even think about importing a bike..."

cheers!