Imports to get boost from cuts
By Wang Xiaotian | China Daily | Updated: 2011-03-08 08:01
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Chinese tourists check out Louis Vuitton handbags at the Harrods store in London in February. Harrods has accepted China UnionPay bankcards since Feb 3 because of the large number of Chinese shoppers seeking luxury goods. Provided to China Daily |
BEIJING - Import tariffs levied against resources and high-tech products will probably soon be lowered and favorable rules could also be on the way to ensure people buy luxury goods in China instead of heading overseas, according to economic advisers close to the nation's decision-makers.
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