China to cut provisional import tariffs on 935 items from January 1

The move aims at enhancing synergy between domestic and international markets, and leveraging the resources of both in a better manner while expanding the supply of high-quality goods, a circular from the commission said.

China will apply provisional import tariff rates lower than the most-favoured-nation rates on 935 items beginning January 1.
The move aims at enhancing synergy between domestic and global markets, and leveraging the resources of both in a better manner while expanding the supply of high-quality goods.
The country will also optimise tariff headings and national subheading notes next year.

The full list of items is yet to be disclosed.

The country will also optimise tariff headings and national subheading notes next year.

To deepen economic and trade cooperation and promote regional integration, the country will continue applying agreed tariff rates to certain imported goods originating from its 34 trading partners in 2026, a state-controlled news outlet reported.

China will also maintain zero-tariff treatment on cent per cent of tariff lines next year to the 43 least developed countries having diplomatic ties with it.

Fibre2Fashion News Desk (DS)