CHINA is to reduce import tariffs on a large number of goods next year in its latest move to expand domestic demand, authorities announced last Saturday. Provisional import tariffs, lower than the most-favoured-nation rates, apply to 935 commodities as part of an annual tariff adjustment plan effective on January 1, 2025. This plan ‘will help increase the imports of quality products,’ according to a statement from the Customs Tariff Commission of the State Council, according to Xinhua. This...
https://www.seanews.com.tr/china-to-boost-domestic-demand-reducing-tariffs-on-import-goods/202218/