China will cut import tariffs on a list of daily consumer goods to come into effect from July 1st, the State Council announced on Wednesday, as Beijing experiences pressure from the US and Europe to make its markets more open to foreign goods.
Duties on clothing, shoes, kitchenware, and sports supplies will be cut from 15.9% to 7.1%, reports Xinhua, whilst washing machines and home appliances will see tariffs cut from 20.5% to just 8%.
Processed food and fish products will see a similar reduction from 15.2% to 6.9%. Cosmetics and detergents tariffs will fall to 2.9% from 8.4%.
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