男友太凶猛1v1高h,大地资源在线资源免费观看 ,人妻少妇精品视频二区,极度sm残忍bdsm变态

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Industries

Extra sugar tariff on the way

By ZHONG NAN | China Daily | Updated: 2017-05-23 07:16
Share
Share - WeChat

An employee arranges sugar on the shelf at a supermarket in Beijing. China's sugar imports rose to a record high of 4.85 million metric tons in 2015. A QING / FOR CHINA DAILY

Move follows six-month probe revealing serious damage to domestic industry

China will start to levy a safeguards tariff on sugar imports after a six-month investigation, in order to protect the domestic sugar industry and stabilize the market, the Ministry of Commerce said on Monday.

Based on the results of the investigation and suggestions made by the ministry, the Tariff Commission of the State Council decided to collect an extra 45 percent tariff on top of the current 50 percent duty for out-of-quota sugar imports for this fiscal year. The anti-dumping duty will be reduced to 40 percent in the next year and then 35 percent in the following year.

Safeguard measures are defined as "emergency" actions with respect to increased imports of particular products, where such imports have caused or threaten to cause serious injury to the World Trade Organization member's domestic industry, according to WTO rules.

The Tariff Commission of the State Council is responsible for handling adjustments made to and interpretation of tariff headings, tariff lines and tariff rates of customs tariffs and the table of tariff rates of import duties of entry articles, and their implementation, subject to approval by the State Council.

"Domestic demand for sugar has been disturbed by foreign sugar, damaging the supply-demand relationship in the country," said Jia Zhiren, president of the Beijing-based China Sugar Association.

Under WTO rules, China conducts a tariff-rate quota and State trading of sugar imports. To further open the market, the Ministry of Commerce incorporated non-quota sugar into the automatic import license management system in November 2014.

"Soaring imports are a result of foreign sugar costing less," said Jia. "Even with all taxes included, imported sugar is still cheaper than homegrown products."

The ministry began to investigate this case in September 2016, after receiving an application from the sugar association of the Guangxi Zhuang autonomous region for a safeguard measure investigation on behalf of the whole country's sugar mills, sugarcane and sugar beet farmers in July.

Customs data showed from 2011 to 2015, China's sugar imports have jumped from 2.92 million metric tons to a record 4.85 million tons, accounting for almost one-third of domestic production.

Ren Changqing, a professor at the center of futures and financial derivatives at China Agricultural University in Beijing, said China must further adjust its subsidy policies for farm products such as sugar, soybeans and cotton by offering flexible price subsidies for State reserves to match international prices.

China is a large sugar-producing country with more than 14 million tons of annual output, involving around 40 million sugar farmers, especially in sugar-producing regions including the Guangxi Zhuang and Xinjiang Uygur autonomous regions, as well as Yunnan, Guangdong and Hainan provinces.

Meanwhile, China is also a large sugar importer and has ranked first in terms of sugar imports globally for many years.

 

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 赞皇县| 攀枝花市| 罗平县| 海伦市| 大连市| 大安市| 丰台区| 荔波县| 新田县| 蕲春县| 辽阳县| 达日县| 连平县| 内乡县| 青浦区| 陇川县| 青神县| 临安市| 聂荣县| 宁晋县| 仪陇县| 西吉县| 盐城市| 吴川市| 松溪县| 钦州市| 冀州市| 东乡族自治县| 枝江市| 新建县| 额济纳旗| 溆浦县| 梁河县| 新竹市| 酉阳| 礼泉县| 平武县| 汉中市| 东山县| 安平县| 霸州市|