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China to cut tariffs on consumer goods

Updated: Nov 24,2017 1:45 PM     Xinhua

BEIJING — China will further reduce tariffs on consumer goods, including food and infant formula, in the third cut since 2015.

Effective next month, the average import tax on some food, health products, medicine, daily chemicals, clothing, footwear, and other products will drop to 7.7 percent from 17.3 percent, the Ministry of Finance (MOF) said on Nov 24 in an online statement.

Some types of baby milk powder and diapers will have zero tariffs, according to an MOF list.

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