Off the wire
Copa Libertadores: Defending champions Atletico Nacional ousted  • Mexico City faces worst air pollution in two decades  • Eating fruit, vegetables secret to looking good: Australian study  • Interview: Slovenia wishes to become major logistic hub of Belt and Road Initiative, says minister  • Xinhua China news advisory -- May 19  • Gold price opens lower in Hong Kong  • Melbourne has longest yet slowest tram network in the world: study  • Hong Kong stocks open 0.14 pct higher  • China treasury bond futures open lower Friday  • Chinese football has bright future, says FIFA official Zhang Jian  
You are here:   News/

China to cut tariffs on consumer goods

Xinhua,November 24, 2017 Adjust font size:

China will further reduce tariffs on consumer goods, including food and infant formula, in the third cut since 2015.

Effective next month, the average import tax on some food, health products, medicine, daily chemicals, clothing, footwear, and other products will drop to 7.7 percent from 17.3 percent, the Ministry of Finance (MOF) said Friday in an online statement.

Some types of baby milk powder and diapers will have zero tariffs, according to an MOF list.