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People's Daily Online>>China Business

China to keep low import tariffs in 2012 (2)


08:06, December 16, 2011

To boost regional and bilateral trade, China will continue to lower tariffs on imports from ASEAN countries, Chile, Pakistan, New Zealand, Peru, Costa Rica, the Republic of Korea, India, Sri Lanka and Bangladesh, based on relevant signed free trade agreements.

China will also maintain special favorable tariffs for the 40 least developed countries, including Laos, Sudan and Yemen.

To meet its growing and diversified demand, China has expanded the import catalogue from this year's 7,977 to 8,194 next year, including additions of items like wireless earpieces and other medical instruments.

To save energy and promote sustainable development, China will continue to impose tariffs on exports of energy-intensive products such as coal and crude oil.

The adjustments will be effective from Jan. 1, 2012.

【1】 【2】

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