国内英语资讯:China Focus: China to significantly cut auto import tariffs from July
<p><span word="BEIJING">BEIJING</span>, <span word="May">May</span> 22-- <span word="China">China</span> <span word="will">will</span> <span word="cut">cut</span> <span word="import">import</span> <span word="tariffs">tariffs</span> <span word="on">on</span> <span word="vehicles">vehicles</span> <span word="and">and</span> <span word="auto">auto</span> <span word="parts">parts</span> <span word="from">from</span> <span word="July">July</span> 1, <span word="the">the</span> <span word="Ministry">Ministry</span> <span word="of">of</span> <span word="Finance">Finance</span> (<span word="MOF">MOF</span>) <span word="announced">announced</span> <span word="Tuesday">Tuesday</span>.</p><p><span word="For">For</span> <span word="cars">cars</span>, <span word="the">the</span> 25-<span word="percent">percent</span> <span word="tariff">tariff</span> <span word="levied">levied</span> <span word="on">on</span> 135 <span word="items">items</span> <span word="and">and</span> <span word="the">the</span> 20-<span word="percent">percent</span> <span word="duty">duty</span> <span word="on">on</span> <span word="four">four</span> <span word="items">items</span> <span word="will">will</span> <span word="both">both</span> <span word="be">be</span> <span word="cut">cut</span> <span word="to">to</span> 15 <span word="percent">percent</span>. <span word="The">The</span> <span word="items">items</span> <span word="cover">cover</span> <span word="passenger">passenger</span> <span word="cars">cars</span> <span word="and">and</span> <span word="certain">certain</span> <span word="trucks">trucks</span>.</p><p><span word="Import">Import</span> <span word="tariffs">tariffs</span> <span word="on">on</span> 79 <span word="auto">auto</span> <span word="parts">parts</span> <span word="will">will</span> <span word="all">all</span> <span word="be">be</span> <span word="reduced">reduced</span> <span word="to">to</span> 6 <span word="percent">percent</span> <span word="from">from</span> <span word="the">the</span> <span word="current">current</span> <span word="levels">levels</span> <span word="of">of</span> 8-25 <span word="percent">percent</span>.</p><p>"<span word="China">China</span> <span word="safeguards">safeguards</span> <span word="a">a</span> <span word="multilateral">multilateral</span> <span word="trade">trade</span> <span word="system">system</span>. <span word="Lowering">Lowering</span> <span word="auto">auto</span> <span word="import">import</span> <span word="tariffs">tariffs</span> <span word="is">is</span> <span word="a">a</span> <span word="major">major</span> <span word="step">step</span> <span word="to">to</span> <span word="expand">expand</span> <span word="reform">reform</span> <span word="and">and</span> <span word="opening">opening</span>-<span word="up">up</span>," <span word="the">the</span> <span word="MOF">MOF</span> <span word="said">said</span>.</p><p><span word="After">After</span> <span word="the">the</span> <span word="cut">cut</span>, <span word="the">the</span> <span word="average">average</span> <span word="tariff">tariff</span> <span word="on">on</span> <span word="vehicles">vehicles</span> <span word="will">will</span> <span word="stand">stand</span> <span word="at">at</span> 13.8 <span word="percent">percent</span>, <span word="and">and</span> 6 <span word="percent">percent</span> <span word="on">on</span> <span word="parts">parts</span>. <span word="The">The</span> <span word="new">new</span> <span word="rates">rates</span> <span word="are">are</span> "<span word="in">in</span> <span word="line">line</span> <span word="with">with</span> <span word="the">the</span> <span word="reality">reality</span> <span word="of">of</span> <span word="the">the</span> <span word="auto">auto</span> <span word="industry">industry</span>," <span word="the">the</span> <span word="ministry">ministry</span> <span word="said">said</span>.</p><p><span word="China">China</span> <span word="has">has</span> 178 <span word="tariff">tariff</span> <span word="items">items</span> <span word="of">of</span> <span word="vehicles">vehicles</span> <span word="in">in</span> <span word="total">total</span>, <span word="with">with</span> <span word="an">an</span> <span word="average">average</span> <span word="tariff">tariff</span> <span word="rate">rate</span> <span word="of">of</span> 21.5 <span word="percent">percent</span> <span word="currently">currently</span>. <span word="It">It</span> <span word="has">has</span> 97 <span word="items">items</span> <span word="for">for</span> <span word="auto">auto</span> <span word="parts">parts</span>, <span word="with">with</span> <span word="an">an</span> <span word="average">average</span> <span word="duty">duty</span> <span word="of">of</span> 10.2 <span word="percent">percent</span>.</p><p><span word="After">After</span> <span word="the">the</span> <span word="tariff">tariff</span> <span word="cut">cut</span>, <span word="China">China</span>'<span word="s">s</span> <span word="vehicle">vehicle</span> <span word="import">import</span> <span word="duties">duties</span> <span word="will">will</span> <span word="be">be</span> <span word="lower">lower</span> <span word="than">than</span> <span word="the">the</span> <span word="average">average</span> <span word="for">for</span> <span word="developing">developing</span> <span word="countries">countries</span>.</p><p><span word="Take">Take</span> <span word="passenger">passenger</span> <span word="vehicles">vehicles</span> <span word="with">with</span> <span word="nine">nine</span> <span word="or">or</span> <span word="fewer">fewer</span> <span word="seats">seats</span> <span word="as">as</span> <span word="an">an</span> <span word="example">example</span>, <span word="the">the</span> <span word="tariff">tariff</span> <span word="will">will</span> <span word="be">be</span> <span word="reduced">reduced</span> <span word="to">to</span> 15 <span word="percent">percent</span>, <span word="compared">compared</span> <span word="with">with</span> 9.8 <span word="percent">percent</span> <span word="in">in</span> <span word="the">the</span> <span word="European">European</span> <span word="Union">Union</span>, 8 <span word="percent">percent</span> <span word="in">in</span> <span word="the">the</span> <span word="Republic">Republic</span> <span word="of">of</span> <span word="Korea">Korea</span>, 60 <span word="percent">percent</span> <span word="in">in</span> <span word="India">India</span> <span word="and">and</span> 35 <span word="percent">percent</span> <span word="in">in</span> <span word="Brazil">Brazil</span>.</p><p>"<span word="Whether">Whether</span> <span word="China">China</span> <span word="will">will</span> <span word="continue">continue</span> <span word="to">to</span> <span word="cut">cut</span> <span word="auto">auto</span> <span word="import">import</span> <span word="tariffs">tariffs</span> <span word="depends">depends</span> <span word="on">on</span> <span word="the">the</span> <span word="competitiveness">competitiveness</span> <span word="and">and</span> <span word="development">development</span> <span word="of">of</span> <span word="the">the</span> <span word="auto">auto</span> <span word="industry">industry</span>," <span word="said">said</span> <span word="the">the</span> <span word="ministry">ministry</span>.</p>
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