Ministry reveals plans to bolster imports in 2019
By Zhong Nan | China Daily | Updated: 2018-12-25 07:28
Measures serve as a major step in the moves to further open the nation's market
China will adjust duties on 706 import items from aircraft engines to pianos and baby's diapers from next year, the Ministry of Finance announced on Monday.
To actively expand imports, reduce institutional costs and advance supply-side structural reforms, China will implement a tentative import tax rate on these goods and commodities, from Jan 1, 2019, the ministry said in an online statement.
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