
BEIJING, Jan. 1 (Xinhua) -- China will implement provisional import tax rates that are lower than the most-favored-nation tariff rates for over 850 commodities starting Wednesday.
The move aims to expand, optimize the structure of imports and stimulate import potential, according to a circular on the adjustments of import tariffs previously issued by the Customs Tariff Commission of the State Council.
Under the circular, China will introduce or reduce the provisional import tax rates on products including frozen pork, frozen avocados and non-frozen orange juice, as well as impose zero import tax on pharmaceutical products containing alkaloids for asthma treatment and raw materials for the production of new diabetes medicines.
Meanwhile, China will lower tariff rates in accordance with the free trade agreements it has separately signed with New Zealand, Peru, Costa Rica, Switzerland, Iceland, Singapore, Australia, the Republic of Korea, Chile, Georgia and Pakistan, as well as the Asia-Pacific Trade Agreement, starting Wednesday.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses