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China's latest tariff cut win-win for China, Pakistan

National
January 18, 2021
BEIJING: China has reduced, canceled import tariffs for 2021 and it would be win-win for China and related countries including its iron-clad brother Pakistan,
This was stated by Liu Baocheng, Dean of Center for International Business Ethics (CIBE), University of International Business and Economics(UIBE), China, according to China Economic Net (CEN).
As per Liu Baocheng, since its accession to World Trade Organization, China has comprehensively fulfilled its commitments to WTO, substantially reducing import tariffs. By reducing import costs to boost trade. ....

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China's latest tariff cut win-win for China, Pakistan: scholar--China Economic Net

BEIJING, Jan. 15 (China Economic Net) - “China has reduced, canceled import tariffs for 2021 and it would be win-win for China and related countries including its iron-clad brother Pakistan, ” noted Liu Baocheng, Dean of Center for International Business Ethics (CIBE), University of International Business and Economics(UIBE), China.

China adjusted import tariffs on a range of products starting from January 1, 2021 to support fostering the new development paradigm and promoting high-quality development, and lowered parts of conventional tariff rates and most-favored-nation rates in 2021, according to the Customs Tariff Commission of the State Council.

As per Liu Baocheng, since its accession to World Trade Organization, China has comprehensively fulfilled its commitments to WTO, substantially reducing import tariffs. By reducing import costs to boost trade, China has delivered mutually beneficial and win-win outcomes on a wider scale and has shared ....

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