Tariffs for imports to be lowered next year
Pub Date:2020-12-24 08:39
Source:China Daily
China will reduce or cancel tariffs on certain imported goods and
materials starting in 2021 in a bid to expand imports, boost the
domestic market and support the formation of high-standard free trade
areas under the country s new dual-circulation development paradigm,
according to the Ministry of Finance.
The new interim tariff rates on imports, which will be lower than
Most Favored Nation tariff rates, will apply to 883 kinds of goods as of Jan 1, including foods, medicines and information technology products,
the Office of the Customs Tariff Commission of the State Council, which
Tariffs for imports to be lowered next year--China Economic Net en.ce.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.ce.cn Daily Mail and Mail on Sunday newspapers.
From:ChinaDaily | 2020-12-24 06:55
China will reduce or cancel tariffs on certain imported goods and materials starting in 2021 in a bid to expand imports, boost the domestic market and support the formation of high-standard free trade areas under the country s new dual-circulation development paradigm, according to the Ministry of Finance.
The new interim tariff rates on imports, which will be lower than Most Favored Nation tariff rates, will apply to 883 kinds of goods as of Jan 1, including foods, medicines and information technology products, the Office of the Customs Tariff Commission of the State Council, which is based in the ministry, announced on Wednesday.
MIL-OSI China: China adjusts tariffs on imported commodities | Global ForeignAffairs co nz foreignaffairs.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foreignaffairs.co.nz Daily Mail and Mail on Sunday newspapers.