China announced that the average import tariff rate was to be reduced to 10.4% from the current 11%.
The tariff cuts mean China has nearly completed the lowering of tariffs that was part of the requirements for entering the WTO.
China announced that the average import tariff rate was to be reduced to 10.4% from the current 11%.
The tariff cuts mean China has nearly completed the lowering of tariffs that was part of the requirements for entering the WTO.