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China adjusts tariffs on imported commodities

Abstract : China will implement provisional tariffs that are lower than the most-favored-nation rates on 883 imported commodities, according to a circular issued by the Customs Tariff Commission of the State Council.

BEIJING, Dec. 23 (Xinhua) — China will implement provisional tariffs that are lower than the most-favored-nation rates on 883 imported commodities, according to a circular issued by the Customs Tariff Commission of the State Council.

The adjustment, aimed at improving supply quality and promoting virtuous cycle of the economy, will take effect on Jan. 1, 2021.  Enditem

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Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: China adjusts tariffs on imported commodities

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