Tariff red envelopes help farmers, benefit enterprises, protect people s livelihood, promote openi

Mondo Finance Updated on 2024-01-31

Original title: Tariff "red envelope" helps agriculture, benefits enterprises, protects people's livelihood, promotes opening up, and promotes the innovation and development of the manufacturing industry.

CCTV*** Starting from January 1, 2024, China will implement provisional import tariffs lower than the most-favored-nation tariff rate for 1,010 goods, and implement the agreed tariff rate for some goods under 20 agreements originating in 30 countries or regions. The tariff "red envelope" opens on New Year's Day, and experts analyze that it will enhance the linkage effect of multiple resources in the domestic and international markets, and help the industrial chain to be stable and smooth, reflecting China's responsibility and responsibility as a major country to further promote investment liberalization and facilitation and promote the smooth development of globalization.

A number of tariff adjustments have promoted the innovation and development of the manufacturing industry.

In order to accelerate the innovation and development of advanced manufacturing, this time, the tariff adjustment has reduced the import tariffs on domestic shortage resources, key equipment and parts such as lithium chloride, low arsenic fluorite, and gas diffusion layers for fuel cells.

Help enterprises reduce costs and improve efficiency, and promote the development of the industry.

According to reports, lithium chloride, cobalt carbonate and other commodities are key raw materials for the new energy vehicle industry, and reducing tariffs will help enterprises reduce production costs and promote the development of the new energy vehicle industry.

Tariff reductions will benefit farmers and help them promote the healthy and stable development of agriculture.

This time, the tariff adjustment also reduces the import tariffs on sweet corn, coriander and burdock seeds, directly reducing the cost of growers and seed enterprises.

Safeguard people's livelihood: Implement zero tariff on some drugs and raw materials.

In order to protect people's lives and health, zero tariffs have also been implemented on drugs and raw materials for some anti-cancer drugs and rare disease drugs, and import tariffs on formula foods for special medical purposes have been reduced.

Expanded opening-up: Implement treaty tax rates for 30 countries or regions.

At the same time, according to the freedom** agreements and preferential arrangements signed between China and relevant countries or regions, in 2024, the agreed tariffs will be implemented on some goods originating in 30 countries or regions under the 20 agreements.

Expert: It is of great significance to promote the globalization of investment liberalization.

Cui Fan, a professor at the School of International Economics and Trade of the University of International Economics: The combination of unilateral independent tax reduction and reciprocal tax reduction through free trade agreements has expanded our opening to the outside world, and the other is of great significance for further promoting investment liberalization and globalization.

*: CCTV.

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