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China cut import tariffs on 187 consumer goods

china cut tariffs on 187 consumer goods

China Cuts Import Tariffs on 187 Consumer Goods China has cut import traffic on 187 consumer goods with a provisional tax rate with the average tax rate falling from 17.29% to 7.73%. Among them, the tax rate of "vermouth wine and fresh grapes" fell the most, from 65% to 14 %. Suits, casual suits, electric razors, coffee machines, electric smart toilet seats, and pokok pecan have all been reduced by 15% or more. In addition, special infant formula, baby diapers and diapers have been adjusted to zero tax rate. To speak of imported goods within the quota, cross-border e-commerce has...

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China unveils tax exemption to attract foreign investment

tax benefits

China offers tax breaks to foreign firms in bid to boost investment, counter US incentives ! China is offering a tax break to foreign companies to try and persuade them to remain in the country after the GOP tax plan created new incentives to bring more businesses to the U.S.   The news comes as the Chinese government is moving to attract foreign investors after a host of countries unveiled similar measures to lure foreign and domestic investment.  

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