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Eleven new influential regulations for Chinese businesses

chinadaily.com.cn | Updated: 2018-06-29 07:02

2 Import tariffs cut for daily consumer goods

A customer browses imported products at a supermarket in Taiyuan, Shanxi province on Dec 1, 2017. [Photo/VCG]

China will cut most-favored-nation tariffs for 1,449 taxable items of daily consumer goods starting July 1, from an average tariff rate of 15.7 percent to 6.9 percent.

On average, the tariffs were cut by 55.9 percent, the Customs Tariff Commission of the State Council reported.

The average tariff rate for clothing, shoes and hats, kitchenware and sports and fitness supplies will be reduced from 15.9 to 7.1 percent, and home appliances such as washing machines and refrigerators will see reductions from 20.5 to 8 percent.

The average tariff rate for cultured and fished aquatic products and processed food such as mineral water will be cut from 15.2 to 6.9 percent.

The average tariff rate for detergents, cosmetics such as skin care and hair care products and some medicine and health products will be cut from 8.4 to 2.9 percent.

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