Commerce Department: automobile tariff nine years ago has been fulfilled
Recently, the online news that China's accession to WTO of protection will expire on July 1, when cars and other imported goods will be duty-free and sharp price cuts. The news is true?
Recently, the Ministry of Commerce spokesman Shen Danyang denied this, saying the WTO tariff reduction commitments in 2010 had been fulfilled.
It is understood that China's current tariff reduction commitments majority of imports in January 1, 2005 has been executed in place until January 1, 2010, all products of tariff reduction commitments have been fulfilled. Our country from December 11, 2001 to join the WTO, and in the second year, an overall decrease in tariffs in 10 years gradually implemented. Therefore, the 2010 tariff reduction goal has been achieved.
For imported vehicles, imports of automobile and spare parts for tariff reduction commitments in July 1, 2006 has been executed in place. Automobile tariff rate from 70% to 80% to 25% before the WTO, the auto parts tariff rate from 18% to 65% to 10% before the WTO, the car does not exist the problem of substantial tax cuts.
