China to cut import tariffs on wide range of products

China to cut import tariffs on wide range of products
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China has decided to cut the import tariffs on textile products and metals, including steel products , to 8.4 percent from 11.5 percent.

Chinese finance ministry said in Beijing, import tariffs on wood and paper products, minerals and gemstones will be cut to 5.4 percent from 6.6 percent. The ministry said tariffs will be effective from first of November.

 

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