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 / Finance

Tariffs reduced in 1,585 categories

By Ma Si and Chen Jia | China Daily | Updated: 2018-10-01 00:21
Share
Share - WeChat
When the new policy takes effect on Nov 1, China's overall tariffs for all categories combined will plummet from an average of 9.8 percent in 2017 to 7.5 percent this year. [Photo/Agencies]

China will reduce tariffs on a wide range of industrial products and raw materials beginning in November, as the nation ramps up the expansion of imports to further open up its economy, the Ministry of Finance said on Sunday.

The move targets 1,585 tariff code categories, including textiles, metals, electromechanical equipment and other raw materials and products. The affected items account for about 19 percent of the total number of taxed imports in China, with the duty rate dropping from 10.5 percent to 7.8 percent on average, the ministry said.

It is an additional cut since the start of this year, when the government lowered tariffs on automobiles, medicines and some other daily consumer products.

When the new policy takes effect on Nov 1, China's overall tariffs for all categories combined will plummet from an average of 9.8 percent in 2017 to 7.5 percent this year.

The ministry has not detailed how the general tariff cut will apply to US goods affected by retaliatory tariffs amid the ongoing China-US trade frictions.

"Appropriately cutting tariffs is conducive to more balanced development in trade. It can help further open China's economy to the world and better coordinate domestic and foreign resources," the ministry said on its website.

The reduction is a step in China's effort to push forward the opening-up process and support economic globalization. The country will always support principles of free trade and the multilateral trade system based on the rules of the World Trade Organization, it added.

Liu Shangxi, head of the Chinese Academy of Fiscal Sciences, said lower tariffs on some electromechanical equipment and parts will support imports of advanced technology and equipment from overseas, increase supplies in the domestic market and facilitate the industrial upgrading process.

The reduction of the tariffs on some raw materials can reduce production costs and support the development of environmentally friendly industries, Liu said.

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: 江陵县| 宁武县| 鹿泉市| 齐河县| 醴陵市| 周宁县| 玉田县| 七台河市| 吴忠市| 荥阳市| 彰化县| 宁海县| 龙海市| 遂川县| 望城县| 镇江市| 松江区| 洞头县| 南开区| 旬阳县| 夏河县| 加查县| 平原县| 和平区| 马山县| 登封市| 平谷区| 卢氏县| 宁城县| 惠东县| 廊坊市| 确山县| 广河县| 桐城市| 增城市| 手机| 池州市| 兴隆县| 岱山县| 湘乡市| 兴安县|