From July 1 of next year, China will further lower the tariffs for most-favorable nations on 62 different categories of information technology items. By doing so, China’s overall tariffs will decrease from 7.4% to 7.3%.
“It help identify areas, encourage it, and boost domestic demand.”
“Aluminum and aluminium alloy export tariffs will increase.”
“Seven types of coal will continue to be subject to the present import tariff through March 31 of next year.”
“Will satisfy consumer desires, further lowering import taxes on juicers and coffee makers.”