MOFCOM studies import tax cuts

09:31, February 18, 2011      

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The Ministry of Commerce has asked for opinions from other ministries about the idea of cutting import taxes on a range of goods, two sources said Thursday. One of the sources, an official who had seen a MOFCOM document sent out after the Lunar New Year holiday, said the ministry was hoping to encourage imports of resources and hi-tech goods that China lacks.

Source: Global Times
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