China to Impose Temporarily Low Tariffs on Energy and Resource-consuming Commodi
[2009-12-16 10:13:28]
China is to impose temporarily low import tariffs on more than 600 energy and resource-consuming commodities next year, in a bid to promote domestic economic restructuring and resource conservation, the Ministry of Finance (MOF) announced Dec.15 .
The targeted commodities comprise resource commodities, including coal, granite, and phosphate ore; key components for optic communications; medical products, including plasma and vaccine; and some advanced production machines, the MOF said in the statement.
It did not specify the duration and tariff rates.
The targeted commodities comprise resource commodities, including coal, granite, and phosphate ore; key components for optic communications; medical products, including plasma and vaccine; and some advanced production machines, the MOF said in the statement.
It did not specify the duration and tariff rates.
Source: Xinhua
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