China to lower tariff rates on 1,585 taxable items
Starting from Nov. 1 this year, China will slash most-favored-nation tariffs on a total of 1,585 taxable items as the country moves to further open its market, an official statement said Sunday. The average tariff rate will be reduced from 10.5 percent to 7.8 percent for these items, said the Customs Tariff Commission of the […]
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