China MOF: To Apply Lower Import Duties On Over 600 Items In 2011
SHANGHAI -(Dow Jones)- China will apply lower import duties on over 600 energy-related, basic material items and certain electronic parts in 2011 to meet demand and foster economic structure adjustments, the Ministry of Finance said in a statement Tuesday.
The ministry didn't specify changes in the size of the import duties. But it said items such as propane and butane will be added to the list of temporarily lowered import duties for the first time.
