China Daily: “China’s decision to cut import tariffs, against the backdrop of lurking protectionism in “too many” countries, has been hailed by the World Trade Organization.”
At a time when too many governments are reverting to trade restrictive measures, news of China’s market-opening initiative is most welcome,” WTO spokesman Keith Rockwell said in an interview with China Daily in Brussels. Rockwell was speaking after China announced a package of measures cutting import tariffs last week. The measures will see duty reduced on “some energy products, raw materials, consumer goods closely related to peoples lives, and key items that China does not produce”. And Beijing will encourage more purchases from countries and regions that have signed free trade agreements with China. Boosting imports will entail a more open market for a range of goods, Rockwell said. The Ministry of Commerce will announce details of the measures soon.”
via Chinas import tariffs cut praised|Economy|chinadaily.com.cn.
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