Tag: China SSSR

China announces additional import tariff cuts aimed as a win-win strategy for both local and foreign companies

On 30 May 2018, China’s State Council announced a second round of import tariff cuts on a range of consumer goods. Effective from 1 July 2018, the tariff cuts, as affirmed by the Ministry of Finance (MOF), aim to boost domestic consumption and advance China’s supply-side reforms. In total 1,449 product categories from preferred nations…

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