In Yiwu, the industry view, the distribution of this tariff reduction premier "red", for the city's bigger and import trade is, as a surge of wind, to promote the city's import trade market development refueling Tim King. Following Guangdong, Fujian, Tianjin FTA listing, April 28, at a State Council executive meeting, in order to attract the consumer reflux, stimulate domestic demand, Premier Li Keqiang has released a tariff reduction policy big move. Yiwu City Wherein for Yiwu importers, the greatest good, than before the end of June, a large domestic consumer demand some foreign consumer goods "tax cuts" policy. Which refers to the large demand for domestic consumer products, including diapers, milk powder, toilet cover.

It is understood that at present, China's tariff rates levied on exports from different countries probably divided into three categories. The first countries to sign bilateral free trade agreements with China, such as Switzerland, New Zealand, etc., Yiwu Market these countries goods exports to China will gradually realize the ninety zero tariff; the second is a WTO member, can enjoy MFN status; and the third is neither China has signed bilateral free trade agreements and non-WTO member countries, the collection of ordinary tax rates. In rice cooker, for example, the MFN tariff rate of 15%, general tariff rates paid by non-WTO members is as high as 130%. So, the tariff can drop more drastically? Currently, some experts said that the tariff-selling imported consumer goods may be reduced to 5% -10%.

In addition, the State Council executive meeting also introduced the adjustment of consumption tax, covering goods including clothing, cosmetics, etc., while additional duty-free port of entry, Yiwu Toys Market to support the development of cross-border inspection and quarantine of imported electricity supplier policy, clean up unreasonable import charges a large dividend policy. These have provided favorable conditions for the future development and expansion of the import trade.

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