27 December, 2019
Export China: reduced customs duties on 1 January 2020
GSCM
Opening up more to world trade and supporting « the development of the new Silk Road »These are the objectives of the tariff reduction announced by China and applicable from 1 January 2020.
China announced Monday, December 23, 2019, a reduction in customs duties about a thousand food and technology products, whatever their country of origin.
The 859 products concerned are detailed in a list which distinguishes two groups:
- For half of them, customs duties will be adjusted from 1 January 2020. These are primarily food products and medicines.
- The others, mainly technological products, will benefit from a fall in the from 1 July 2020. For example, they will be printers, pacemakers or certain types of satellite antennas...
We keep the list of nomenclatures concerned available to our subscribers on request.
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Source(s): https://lesechos.fr
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