China to adjust tariffs on a range of imports and exports in 2014

12 December 2013 07:09  [Source: ICIS news]

SINGAPORE (ICIS)--China will make adjustments on import and export tariffs of selected products, including some undisclosed petrochemicals, starting 1 January next year, the country’s Ministry of Finance (MOF) said on Thursday.

The government will temporarily reduce import tariffs on more than 760 items, to boost domestic demand, the MOF said in a statement.

Meanwhile, the country will continue levy a temporary export tariff for coal, crude oil, and fertilizer products in 2014 and will cut the export tariff for fertilizers.

Further details of the import and export tariffs have not been disclosed by the MOF.
By: Dolly Wu
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