business

China to adjust tariffs on some products starting January 1

China will adjust tariffs on some products starting from January 1, according to the Ministry of Finance on Wednesday.

Bilateral trade deals between China with countries including New Zealand, Peru, Costa Rica, Switzerland, Iceland, Australia, South Korea, Chile, Georgia and Pakistan will be affected by the adjustment.

The tariffs rate in these deals will be further lowered. 

Related posts

China’s R&D spending sees rapid growth: official

xxx

China’s Hainan free trade port opens air freight route

xxx

China gold output, consumption drop in first nine months

xxx