Home / News / Details

China to Reduce Import Tariff Levied on Skin Care Products to 2%

The Customs Tariff Commission of China’s State council announced that it is to reduce the import tariffs levied on mass consumer products including skin care products as of June 1st 2015 with an average decrease in tariffs of over 50%.

The Customs Tariff Commission of China’s State council announced that it is to reduce the import tariffs levied on mass consumer products including skin care products as of June 1st 2015 with an average decrease in tariffs of over 50%. The import tariff on skin care products will drop to values ranging from 2% to 5% representing an average reduction of 60%. This policy aims to increase imports in line with a broader shift in economic policy towards a more consumption based economy.

Please Log in or Sign up (FREE) to read the full content.
Copyright: unless otherwise stated all contents of this website are ©2020 - REACH24H Consulting Group - All Rights Reserved - For permission to use any content on this site, please contact cleditor@chemlinked.com